StableCorp

StableCorp is a digital currency company that issues QCAD, Canada's first compliant Canadian dollar stablecoin, providing a fully backed 1:1 digital Canadian dollar that bridges traditional financial institutions with blockchain networks through secure digital rails. QCAD maintains a stable value of 1 Canadian dollar by holding 1-to-1 dollar reserves for each issued QCAD at regulated financial institutions, with reserves held in separate custodial accounts. The stablecoin has received final prospectus approval under a unique interim regulatory framework for stablecoins applicable in Canada, making it the first compliant Canadian dollar stablecoin with full regulatory transparency. StableCorp provides KYC and AML compliant authentication solutions to restrict access to transactions, ensuring that only qualified holders with accounts at authorized partners or StableCorp can use QCAD. The company offers exchange solutions to convert QCAD to Canadian dollars and enables instant B2B transactions for various domestic and international purposes. QCAD is built as institutional-grade infrastructure for fintechs, exchanges, and enterprises building the future of finance, with the goal of being the secure and stable bridge between the traditional economy and the global digital asset world. The company partners with leading financial institutions, fintechs, and blockchain innovators to expand access to regulatory compliant digital Canadian dollars, powering Canada's digital asset ecosystem. Founded in 2019 and headquartered in Toronto, Canada, StableCorp has raised $8.5M in Series A funding from investors including VersaBank, Borderless Capital, 3iQ, Mavennet, Genesis, Stellar, Side Door Ventures, Borderless Executive Search, Circle Venture Capital, Coinbase, and FTP Ventures.

Cryptocurrencies > Coins > Stable Coins