Cryptopedia - QCAD
QCAD is the first compliant CAD stablecoin in Canada, enabling digital Canadian Currency. It functions as a link between the Canadian economy and the worldwide digital asset landscape.
This asset is fully 1:1 fiat-backed and aims to hold a stable value of one Canadian Dollar. QCAD reserves are kept with regulated Canadian financial institutions inside a dedicated trust. This setup is 3rd party audited, and monthly attestation reports are made publicly available.
