Canada’s Real Time Rail starts its phased launch this quarter. After years of work, money will move between Canadian bank accounts in seconds, at any hour. That’s good news for everyone in payments.
It also shows what’s still missing. Much of the value Canadians hold isn’t a bank balance. It’s loyalty points, store credits, gift cards and, more and more, tokenized assets, each locked in its own system. Moving between them is slow, costly or impossible.
The Open Value Network™ is a unified ledger for value. Those forms of value convert and settle against each other on one programmable ledger, on Canadian terms. Banks and payment providers remain on and off ramps, and the Real-Time Rail is the natural way to bring dollars home.
CADX™, our Canadian dollar stablecoin used for settlement, carries the Canadian dollar leg inside it.
OVN holds tokenized value. The Real Time Rail ties it into traditional finance, so money reaches a bank account in seconds.