
Canadian dollar stablecoin CADC clears final prospectus in Ontario
- —The prospectus qualifies CADC distribution across all Canadian provinces and territories
- —Each CADC is backed by C$1.00 held in a segregated reserve account at ATB Financial
- —Eligible users can buy and sell CADC via Paytrie using Interac e-Transfer
- —CADC can be self-custodied and used to send and receive payments
Why it matters: CADC becomes a regulated Canadian dollar stablecoin with a public prospectus, setting a template as Canada consults on stablecoin rules.
Source: PR Newswire Blockchain
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