Stablecorp has received final prospectus approval for QCAD, ensuring regulatory compliance, 1:1 CAD backing, and audited reserves to support secure, efficient transactions.
Stablecorp officially announced that its QCAD Digital Trust has received final prospectus approval from Canadian securities regulators, marking full compliance with Canada's stablecoin framework. QCAD is backed 1:1 by Canadian dollar reserves held in regulated custody, enabling near-instant, low-cost transfers. The stablecoin will offer regular audited disclosures, reinforcing transparency and reliability in digital transactions.