Stablecorp selects TD as primary custodian for QCAD reserves
TD Bank will hold fiat reserves backing the Canadian dollar stablecoin QCAD, marking a major bank's first such role.
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Canadian dollar stablecoin issuer
stablecorp.caLast updated
In short: Stablecorp expanded the ecosystem for its QCAD stablecoin through strategic partnerships with TD Bank, Deloitte Canada, and Kraken.
TD Bank will hold fiat reserves backing the Canadian dollar stablecoin QCAD, marking a major bank's first such role.
The QCAD/USDC pair is available on StableFX sandbox, moving CAD liquidity onchain. This integration uses Arc testnet for PvP settlement, reducing counterparty risk.
It enables seamless, 1:1 CAD-backed on-ramp for institutional and retail traders, prioritizing compliance and transparency.
The QCAD Trust can now use regulated custodians, bridging digital economy with traditional finance.
TD Bank Group (TSX:TD) has agreed to serve as custodian for Stablecorp Digital Currencies Inc.'s fiat-backed stablecoin reserves. The relationship establishes a formal banking and...
Stablecorp Digital Currencies has named TD Bank Group (NYSE: $TD) (TSX: $TD) as the primary custodian for reserves...
QCAD is one of the first assets to join StableFX after USDC and EURC. Toronto, Ontario--(Newsfile Corp. - May 21, 2026) - Stablecorp Digital Currencies...
QCAD's availability on Kraken marks another important step in expanding access to Canada's compliant CAD stablecoin and advancing regulated digital asset infrastructure ...
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