![]() ![]() QCAD is the first Canadian dollar stablecoin designed for mass market. Stablecorp plans to extend the asset to other networks in the future. #Qcad crypto full#It is built on the Ethereum blockchain by utilizing the ERC-20 standard and enjoys the full benefits of enabling seamless settlement and full traceability. QCAD is Stablecorp’s first product release, and is a digital asset with the stability of the Canadian dollar. is a joint venture between 3iQ, Canada’s largest cryptoasset manager and Mavennet Systems, a leader in blockchain development. ![]() QCAD is fully supported by cryptocurrency custodians Balance and Bitgo, and payment & settlement integration is available through Bidali and Gilded Finance. Trading pairs are offered against Bitcoin, Ether and USDC. Starting today, users can purchase QCAD directly through ecosystem partners DVeX, Netcoins, Bitvo, Newton, and Coinsmart. is excited to announce the official launch of its Canadian Dollar stablecoin “QCAD”. As part of this collaboration, Stablecorp integrated The Forge into VersaBank's VersaVault product to enable customized governance structures within the bank.Canada Stablecorp Inc. It also revolutionizes the GIC market by drastically enhancing transferability, speed of settlement and auditability. VCAD, by being issued as a fully regulated deposit receipt, unlocks new use cases for digital asset holders such as yield bearing savings accounts as well as potentially deposit insurance and the ability to be held within registered accounts. This asset, known as VCAD, represents a new standard for tokenized bank products and is a global first "Digital Deposit Receipt". In furthering our goal to evolve the digital assets ecosystem, we have more recently partnered with a federally regulated, A-rated financial institution (VersaBank), to leverage The Forge suite in tokenizing a Deposit Receipt that represents an actual deposit within the bank. QCAD is entirely fiat backed and The Forge technology ensures that there is always 1 QCAD for every fiat dollar held as reserves. ![]() In early 2020 we leveraged The Forge in launching one of the first non-USD stablecoins, QCAD, which has global applicability in digital asset trading, DeFi and FX. ![]() The Forge is a high-assurance multi-chain software, built to be secure and scalable so that businesses and institutions can focus on pioneering new digital asset classes and use cases, without taking on additional regulatory, software, or operational uncertainties inherent to being at the forefront of an industry. At the forefront of our vision is The Forge: on-chain asset development and management technology site that we've built to enable leading asset issuers as they embrace digital assets. We believe people deserve digital assets that go above and beyond being "cutting edge", and fully meet the high standards set by regulators. We Fundamentally Believe You Deserve Better. Seamless interoperability between QCAD and VCAD enables a comprehensive set of customized financial tools to be deployed for individuals SMBs and institutions fulfilling a broad suite of novel and traditional use-cases. This asset, known as VCAD, represents a new standard for tokenized, regulated bank products and is a global first "Digital Deposit Receipt". We have more recently partnered with a federally regulated, A-rated financial institution (VersaBank), to leverage The Forge suite in tokenizing a Deposit Receipt that represents an actual deposit within the bank. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |