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Stablecorp has been authorized to issue Canada's first compliant Canadian dollar stablecoin, QCAD.

GateNews

BlockBeats news, on November 25, Stablecorp Digital Currencies Inc. (referred to as “Stablecorp”), a Canadian digital asset infrastructure company and QCAD digital trust fund service provider, announced today that after years of regulatory approval processes, the QCAD digital trust fund has received the final receipt for its prospectus, which complies with the current Canadian stablecoin regulatory framework, allowing for the issuance of QCAD tokens. This marks QCAD as the first compliant Canadian dollar stablecoin.

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