Canada approves CAD stablecoin in push for on-chain payments, settlements

A new CAD stablecoin has officially entered the Canadian financial system following regulatory approval in Alberta. Tetra Trust Company unveiled CADD, a one-to-one Canadian dollar-backed token delivered under a governed financial system. CADD is now live on Base, Ethereum, and Tempo network systems, with plans aiming to extend to Solana. CAD stablecoin brings regulated settlement...