Tetra Digital Group Launches CADD, Canada’s First CAD-Backed Stablecoin Issued by a Financial Institution
Tetra Trust Company, via its agent CAD Digital Inc., today announced that CADD, a payment stablecoin backed 1:1 by Canadian dollars, has received regulatory approval from Alberta Treasury Board and Finance. This marks a national first for digital asset infrastructure in Canada by enabling Canadian dollars to move on blockchain rails under a financial services regulatory framework.
Tetra Digital Group Completes First Smart Contract Deployment and Initial Partner Testing for CADD Ahead of Q1 Launch
Tetra Digital Group, parent company of Tetra Unity and Tetra Trust, Canada’s first fully regulated digital asset custodian, today announced that CAD Digital successfully conducted a series of test transactions within its testnet environment for its fiat backed token, CADD. This marks a major step toward CADD’s expected Q1 2026 launch and demonstrates real-world progress in building a safe, compliant, and fully transparent form of digital money for Canadians that can be utilized for payments and transactions.
