First Digital Canadian Dollar Stablecoin sets the stage for advanced settlement, B2B transactions, and payments infrastructure in the growing Canadian crypto ecosystem.
https://www.algorand.com/what-we-do/use-cases/stablecorp
Stablecorp will leverage the Algorand #ALGO blockchain and its growing ecosystem to explore new, scalable enterprise and consumer implementations of QCAD. Algorand will provide instant confirmation, micro payments and automatic wallet support for the QCAD token. QCAD is the first non-USD backed stablecoin to be issued on Algorand, enabling a synthetic-FX trading pair between a USD stablecoin and a CAD stablecoin on the network. Stablecorp has been awarded an Algorand Foundation Grant to facilitate further adoption of the stablecoin and expand its opportunities for new use cases.
Stablecorp is a joint venture between 3iQ, Canada’s largest cryptoasset manager and Mavennet Systems, a leader in blockchain development. The company is behind the issuance of QCAD, the first ever fully-compliant Canadian-dollar stablecoin designed for the mass market. QCAD is currently supported by 22 different ecosystem partners, including exchanges, custodians, payment providers, DEXs and more. Stablecorp’s policies are designed to be fully compliant with the requirements of FINTRAC, Canada’s major AML agency.
Stablecorp website- https://www.stablecorp.ca
XDC Address: xdc5D4affEf04adAAA0793243159D9dd6cF7E70cc1D
XLM Address: GDQP2KPQGKIHYJGXNUIYOMHARUARCA7DJT5FO2FFOOKY3B2WSQHG4W37
XLM Mem: 3651873392
XRP Address: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
XRP Tag: 3261241060
ALGO Address: HMO53JUBVBFHWXPL55CMDZ63IWDFQ7LGEOWGS2GMPFQS4WDKDTPMQMYVTI
Cash App: $XDCDARRIN
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