Stablecorp claims to have first regulator-approved stablecoin tied to Canadian dollar
Stablecorp claims its QCAD cryptocurrency is the first Canadian dollar-linked stablecoin to receive regulatory approval. The Toronto-based company has spent nearly six years building out the necessary rails required to support its CAD-denominated stablecoin. The digital infrastructure firm services the QCAD Digital Trust, an arms-length trust that holds QCAD’s reserve assets and is overseen by…
