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CryptoUpdated•Originally published 4 May 2026•Updated 5 May 2026•

1 min read

CADD Launch: Canada's First Regulated Stablecoin Issued by a Financial Institution

Key Facts

1CAD Digital Inc, a subsidiary of Tetra Digital Group, launched Canada's first regulated Canadian-dollar stablecoin issued by a financial institution.

2The CADD stablecoin is backed 1:1 by Canadian dollars and received regulatory approval from Alberta Treasury Board and Finance.

CAD Digital Inc., a subsidiary of Tetra Digital Group, has officially launched CADD, marking Canada's first regulated Canadian-dollar stablecoin issued by a financial institution. The asset is structured as a regulated payment instrument fully backed 1:1 by Canadian dollars, operating under the oversight of the Alberta Treasury Board and Finance. Tetra Trust Company confirmed that this regulatory approval specifically enables Canadian-dollar settlement on-chain within a formal financial services regulatory framework. Supported by Urbana Corporation, the initiative aims to provide a secure digital representation of the national currency while bridging the gap between traditional finance and blockchain technology. This launch represents a significant milestone for fintech innovation, ensuring that digital transactions remain compliant with provincial financial standards. The integration of CADD into the formal economy highlights a growing trend toward regulated digital asset adoption in Canada.

29 days ago

Version History

Version 129 days ago

What changed: The story was updated to clarify Tetra Trust Company's role and emphasize that the regulatory approval enables on-chain settlement for the Canadian dollar.