DeFi Technologies Announces Canada’s First Fully Compliant CAD Stablecoin as QCAD Receives Regulatory Approval

28 November 2025 | Friday | News

Stablecorp and the QCAD Digital Trust secure final prospectus approval, establishing a national benchmark for regulated CAD-denominated digital money and paving the way for wider adoption of tokenized Canadian dollars across payments and capital markets.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

DeFi Technologies Inc. (the "Company" or "DeFi Technologies"), a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"), is pleased to announce that its venture portfolio company Canada Stablecorp Inc. ("Stablecorp") and the QCAD Digital Trust have achieved a significant national milestone, with QCAD approved as Canada's first compliant CAD stablecoin.

Stablecorp announced that, following a multi-year regulatory approval process, the QCAD Digital Trust has received a final receipt for the prospectus qualifying the distribution of QCAD tokens pursuant to Canada's current regulatory framework for stablecoins. This milestone establishes a new benchmark for compliant, CAD-denominated digital money and lays the groundwork for broader adoption of tokenized Canadian dollars across payments and capital markets.

Stablecorp is part of DeFi Technologies' venture portfolio, following the strategic investment and commercial collaboration first announced on September 25, 2025. Through this partnership, DeFi Technologies intends to help scale QCAD as a core Canadian-dollar rail across its product and trading platform.

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