Stablecorp Approved to Issue Canada’s First Compliant Canadian Dollar Stablecoin QCAD
ChainCatcher news, Canadian digital asset infrastructure company and QCAD digital trust fund service provider Stablecorp Digital Currencies Inc. ("Stablecorp") announced today that, after years of regulatory approval processes, the QCAD Digital Trust Fund has received the final receipt for its prospectus. This prospectus complies with Canada's current stablecoin regulatory framework, allowing for the issuance of QCAD tokens. This marks QCAD as the first compliant Canadian dollar stablecoin in Canada.
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