The $CC project is trading with a 5.5B FDV while primarily existing as an onchain proxy—nothing fancy, just straightforward mechanics. What actually caught my attention isn't the token itself, but rather CUSD, the stablecoin built natively on Canton Network. Institutions get real utility here: a stablecoin that operates directly on Canton's infrastructure without the usual workarounds. The infrastructure is in place, adoption tends to lag behind (as it always does), but once major players start tracking it more carefully, they'll recognize this as the only practical onchain option available. That's the real play—not hype around the project, but the institutional-grade settlement layer that underpins it.