Lucas Matheson, the CEO of Coinbase Canada, revealed that the company has teamed up with Canadian stablecoin issuer Stablecorp to assist in marketing its fiat-collateralized stablecoin ...

Coinbase Global (NASDAQ:COIN), one of the world’s largest crypto exchanges, has announced an investment in Stablecorp to bring QCAD — a Canadian dollar-denominated stablecoin — to Canadians.

Coinbase Canada has made a strategic investment in Stablecorp, the Toronto-based fintech firm behind QCAD, a Canadian dollar-backed stablecoin. While the investment amount remains undisclosed ...

Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the latest CAD-based stablecoin and was officially launched on Feb. 11. QCAD total supply accounts for about ...

QCAD is the first fully-compliant, mass market CAD stablecoin and is currently supported by over 22 different ecosystem partners, including exchanges, custodians, payment providers, DEXs and more.

The QCAD reserves will be held with Tetra Trust Company ("Tetra"). Tetra has opened an "In Trust For" account with a Canadian financial institution dedicated strictly to holding reserves of QCAD.