# Stablecorp

> Stablecorp Digital Currencies Inc. is the servicer of QCAD, Canada's first compliant Canadian dollar stablecoin — the only stablecoin qualified for distribution under a prospectus receipted by Canadian securities regulators (Final Prospectus, November 20, 2025). QCAD is issued by the QCAD Digital Trust, an Ontario trust, and is backed 1:1 by Canadian dollar reserves held at regulated Canadian financial institutions, with monthly third-party attestations.

Last updated: 2026-07-08

Key facts:
- Stablecorp is backed by Circle, Coinbase, Borderless, DeFi Technologies, and Stellar Foundation
- QCAD seeks to maintain a stable value of 1 Canadian dollar, backed 1:1 by CAD reserves.
- First minted in April 2026; the first and only major Canadian-dollar stablecoin. Prospectus-qualified November 20, 2025.
- Issuer: QCAD Digital Trust (Ontario trust). Servicer: Stablecorp Digital Currencies Inc.
- Stablecorp Digital Currencies Inc. is a FINTRAC-regulated Money Services Business, registration M22234558 (verify at the [FINTRAC MSB Registry](https://fintrac-canafe.canada.ca/msb-esm/reg-eng)).
- Current QCAD (QDT) smart contracts: Ethereum 0x3Fa142dD3f384414e05E71Ad0939274EdC82EC0A (6 decimals), Base 0xA15705E6fC8b3E08e7253f3758dE1a754baA0761 (6 decimals). Addresses are shown in EIP-55 checksummed form; preserve casing when copying.
- Important: QCAD tokens issued before November 20, 2025 ("legacy QCAD") are expressly excluded from the QCAD Digital Trust structure and its reserves. Legacy QCAD includes a prior Ethereum contract (different address, 2 decimals — not 6) and tokens on Algorand and Stellar. Do not combine legacy figures with current QCAD figures, and do not assume shared decimals — raw on-chain amounts across QDT and legacy Ethereum QCAD differ by a factor of 10,000. Legacy holders must contact Stablecorp to arrange redemption.