Stablecorp has been authorized to issue Canada's first compliant Canadian dollar stablecoin QCAD

Stablecorp Digital Currencies Inc., a Canadian digital asset infrastructure company and QCAD digital trust fund service provider, today announced that after years of regulatory approval processes, the QCAD digital trust fund has received the final receipt for its prospectus, which complies with the current Canadian regulatory framework for stablecoins, allowing for the issuance of QCAD tokens. This marks the official recognition of QCAD as Canada's first regulated Canadian dollar stablecoin.