A 1-to-1 reserved, Canadian Dollar stablecoin bridging Canada to the digital economy with security and transparency
We partner with leading financial institutions, fintechs, and blockchain innovators to expand access to regulatory compliant digital Canadian dollars
What is QCAD?
QCAD is a fully backed Canadian dollar stablecoin that seeks to maintain a stable value of 1 Canadian dollar, by holding 1-to-1 dollar reserves for each issued QCAD at regulated financial institutions.
Who can use QCAD?
Any qualified holder who has an account with an authorized partner or Stablecorp can use QCAD. For more information on the terms and conditions associated with establishing an account, please see:
How do I get QCAD?
QCAD will become available through our network of authorized partners. Stay tuned as we announce the rollout.
How is QCAD regulated?
The QCAD Digital Trust (the “Issuer”) has received final approval for its prospectus that was filed to comply with a unique interim regulatory framework for stablecoins, applicable in Canada. The prospectus provides important information to QCAD holders about the Issuer and the key features of QCAD, including their rights and risks associated with holding QCAD. You can access our prospectus below.
Legacy QCAD Tokens Issued Prior to the Prospectus
QCAD tokens were issued prior to receipt of the Final Prospectus dated November 20, 2025, including under earlier QCAD token smart contracts. These legacy QCAD tokens are not governed by, and are expressly excluded from, the trust-based structure and disclosure regime established under the prospectus. As disclosed in the prospectus, under the section Additional Considerations, the description of QCAD Tokens “does not apply to any ‘QCAD’ issued prior to the date of the prospectus,” and holders of such tokens are required to contact Stablecorp directly to arrange redemption and burning. The reserve assets associated with any QCAD issued prior to November 20, 2025 are held in a separate custodial account and are not commingled with the Reserve Assets of QCAD Digital Trust qualified under the prospectus.