Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
Digital Asset and Paul Ryan’s American Idea Foundation plan to pilot a blockchain system for distributing state-administered benefits in three US states using the Canton Network. The RISE program is slated for Q1 2027 and would combine multiple benefits into monthly or twice-monthly payments, with spending restrictions for categories like food, child care and cash. The system would automatically adjust benefits as household income changes and let agencies track payments, balances, spending and compliance while limiting access to sensitive data. The pilot aims to reduce benefit cliffs as earnings rise. Participating states and programs were not disclosed, and federal approval is still required. The project would expand Canton beyond finance into public benefits.
