CADC is a fiat-backed stablecoin pegged 1:1 to the Canadian dollar (CAD). It is issued by Loon Payments Inc., a Calgary-based fintech company. The stablecoin is fully backed by CAD held in segregated trust accounts at ATB Financial (a regulated Canadian financial institution) under a formal trust structure. Loon positions CADC as a regulated, transparent Canadian-dollar stablecoin for payments, remittances, and on-chain use.
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