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flag Canada approves first CAD-pegged stablecoin, QCAD, for secure, fast digital transactions.

flag Canada has approved QCAD, the first compliant Canadian dollar-pegged stablecoin, under its new regulatory framework. flag Issued by Stablecorp Digital Currencies Inc., each QCAD token is backed 1-to-1 by Canadian dollar reserves held in regulated financial institutions and is designed for faster, lower-cost domestic and international transactions. flag The approval, granted via a final receipt for its prospectus, marks a milestone in Canada’s digital finance evolution and aligns with the federal government’s November 2025 budget plan to regulate stablecoins to boost safety and trust in digital payments.

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