QCAD Digital Trust is the issuer of QCAD, Canada’s first fully regulated, fiat-backed Canadian-dollar stablecoin (1:1 peg to CAD). It holds reserve assets (CAD cash and equivalents) in segregated accounts at regulated Canadian financial institutions/custodians (e.g., VersaBank). The Trust is serviced by Stablecorp Digital Currencies Inc. (wholly-owned subsidiary of Canada Stablecorp Inc., Toronto-based). QCAD operates under a prospectus-approved interim regulatory framework from the Canadian Securities Administrators (CSA), with full 1:1 backing, transparency, and redemption rights designed for compliant on-chain CAD use cases.
Licenses:
Regulatory Approval Package: OSC/CSA VRCA Framework for QCAD
Money Services Business (MSB) Registration – Virtual Currency Dealing