According to the company’s official statement, the stablecoin will be issued by Tetra Trust in 2026, fully backed by domestic Canadian dollar reserves and pending regulatory approval.
Tetra Digital Group announced it has secured $10 million in funding from investors including Shopify, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank, and Urbana Corporation. The official statement confirms that the Canadian dollar-backed stablecoin will be launched in early 2026, subject to regulatory approval. The stablecoin will be issued through Tetra Trust and backed 1:1 with Canadian dollar reserves held domestically.