#canadian-dollar News & Analysis

2 articles tagged with #canadian-dollar. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

CryptoBullishBlockonomi · 2h ago7/10

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Shopify Backs Tetra’s New CAD Stablecoin CADD Launch

Tetra Trust Company launched CADD, a regulated Canadian dollar stablecoin approved by Alberta's Treasury Board and Finance. Major players including Shopify and the National Bank of Canada backed a $10 million funding round, positioning CADD across multiple blockchains including Base, Ethereum, and Tempo with planned Solana expansion.

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CryptoBullishCoinDesk · 4h ago7/10

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Shopify and National Bank of Canada are among backers of a new digital currency built to settle trades 24/7

Tetra Trust has launched CADD, a Canadian dollar stablecoin backed by major institutions including Shopify and the National Bank of Canada, designed to enable 24/7 institutional settlement and cross-border payments. The stablecoin targets corporate treasury operations and fintech transfers, positioning itself as a modern alternative to traditional batch-settlement systems that limit transaction speed.