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QCAD Becomes Canada’s First Fully Compliant CAD Stablecoin, Eyes Wider Distribution

QCAD Becomes Canada’s First Fully Compliant CAD Stablecoin, Eyes Wider Distribution

Author:

Global Cryptocurrency

Published:

2025-11-26 14:21:01

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BTCCSquare news:

Stablecorp's QCAD has achieved a regulatory milestone, becoming Canada’s first fully compliant CAD-backed stablecoin after securing a final prospectus receipt. The token is pegged 1:1 to Canadian dollars held in regulated financial institutions, ensuring stability and trust.

QCAD promises near-instant domestic and cross-border payments at lower costs than traditional systems. Its upcoming launch on Base Chain signals ambitions for broader adoption, bridging Canada’s financial infrastructure with global digital asset markets.

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