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Tetra Trust Launches Canada's First Stablecoin
Description
Tetra Trusts CADD, Canadas first Canadian dollar stablecoin from a regulated institution, is now live on multiple chains, backed by heavyweights like Shopify and National Bank of Canada. Designed for seamless cross-border settlements and real-time treasury moves, CADD aims to revolutionize Canadas four hundred twenty-four billion dollar daily transactions, rivaling global stablecoin volume. Tetra, Canadas top digital asset custodian, raised ten million dollars last year and has already tested transfers between institutions. With competitors like Stablecorps QCAD and Loons CADC on the rise, CADD is poised to reshape the fintech landscape.
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