Brale already has Visa testing SBC on Canton for privacy-preserving institutional settlement, so MainUSD lands as part of a broader white-label stablecoin push rather than another generic dollar ticker. For Mosta, the hard part is corridor liquidity: if MainUSD can mint/redeem cleanly into local payout rails, it cuts trapped prefunding; if not, it becomes one more branded USD IOU fighting USDC/USDT network effects. The edge is compliance plus distribution, not the stablecoin wrapper.

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