quote: A CIP draft proposing Universal Burn across all production synchronizers has been released. @TradeCraftFi passed $3.5M TVL. @Temple_NY’s daily spot volume grew to more than $21M. @Kintsu opened its private beta. ↓ @StovenLabs breaks down what's moved in the Canton ecosystem. https://x.com/StovenLabs/status/2108902366896337401 | Canton week in review (Oct 3–9) The headline this week is tokenomics. @ShaulKfir and @FiveNorthHQ dropped the Universal Burn CIP draft. Today only Global Synchronizer traffic burns $CC, at $60/MB (about $1 a tx). Dedicated synchronizers, aka the private ones, paid Digital Asset license fees instead. This proposal makes every production synchronizer burn CC at the same list price, with bulk/volume discounts for scaling “dSyncs.” This means that the existing institutional workloads running on their own private synchronizers today would start feeding into the ecosystem’s broader Cantonomics. This is certain to significantly ramp up burn 🔥 Here what else went down: → @The_DTCC is launching its Tokenization Service on @CantonNetwork this month, starting with DTC-custodied Treasuries. This is where collateral, repo and financing demand comes from. Big milestone for @YuvalRooz, @wesarn_real and the @digitalasset team → @temple_ny daily spot volume went from ~$2M in May to ~$21M+, per @KaikoData. That's real orderflow on Canton-native rails. Congrats @evanvar @DanSimerman → @tradecraftfi passed $3.5M TVL, and Canton Venues now ranks it #1 on price for $50K CC trades. Liquidity is getting deeper, compounding, and turning heads. → @SoFi listed $CC and Ripple Custody added Canton support for @Ripple clients. Distribution is reaching retail and custodians at the same time → @ZenithFdn is targeting November for its EVM layer, with @catalyx_suite and @IntellectEU running the infra. Solidity teams get a door into Canton's regulated assets. Kaiko participated in testnet as an initial oracle IP data provider. → @Noves_fi took Canton to Seoul and Tokyo, hosting institutions like Shinhan, Mirae Asset, KB, Franklin Templeton and Fidelity. That lines up with @CantonFdn's new LG CNS partnership in Korea. APAC is clearly a priority for the whole team and newly appointed CF CEO @viv_diwakar is keen to make some big moves. → We opened the @Kintsu private beta this week. Tokenized assets need financing to be useful. So to catalyze the canton DeFi eco, we’re bringing our new isolated lending markets, curated vaults and staking into production coming soon to a dSync near you lol. Borrowers, lenders and curators can apply. Tokenization brings the assets. Burn ties usage to $CC. Institutional grade composable credit is what takes this to the next level. We envision a future where you can stake and use all of your bags. Buy. Borrow. Die. That's my read on the week. Canton fam, what did I miss? Drop anything I should've included below and I’ll make sure I don’t miss it next time 👇(Consensus expectations: For 2026Q3, consensus expects EPS of 0.1701 and revenue of USD 1.278 billion. For 2026Q4, consensus expects EPS of 0.1941 and revenue of USD 1.341 billion.)