26 September 2025 | Friday | News
Picture Courtesy | Public Domain
DeFi Technologies Inc. (the "Company" or "DeFi Technologies"), a financial technology company closing the gap between traditional capital markets and decentralized finance, is pleased to announce a strategic investment in Canada Stablecorp Inc. ("Stablecorp") and a commercial collaboration centered on QCAD, Stablecorp's Canadian-dollar stablecoin product.
DeFi Technologies joins Coinbase Ventures, Circle Ventures, Side Door Ventures and other digital finance industry leaders as investors in Stablecorp.
Stablecoins are emerging as a key payments and settlement rail worldwide. In Canada, the regulatory environment is moving toward formal oversight of payment service providers (PSPs) under the Retail Payments Activities Act (RPAA), with the Bank of Canadabeginning PSP registration in late 2024 and rules taking effect September 8, 2025, a foundation that can support compliant, CAD-denominated digital money at scale.
The Bank of Canada and the Financial Consumer Agency of Canada (FCAC) have also published research on stablecoin use, risks, and benefits, signaling growing policy attention to Canadian consumers' adoption and payments use cases.
Meanwhile, with retail CBDC work paused, private, well-regulated CAD stablecoins are positioned to fill practical needs across e-commerce, cross-border trade, supplier payments, payroll for contractors, and treasury operations, especially in the Canada-U.S. corridor, where annual trade routinely approaches or exceeds C$1 trillion.
Fintech Business Asia, a business of FinTech Business Review
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