Canadian dollar-backed stablecoin built on Ethereum blockchain goes live

Canadian dollar-backed stablecoin built on Ethereum blockchain goes live

Canadian investment fund manager 3iQ and blockchain firm Mavennet have co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD). Developed by Canada Stablecorp, a JV between 3iQ and Mavennet, QCAD is the latest CAD-based stablecoin. Based on the Ethereum blockchain, QCAD implements ERC-20 and is targeting the mass market.

Timothy
Timothy
Top in Crypto
Get the App