Stablecorp Enables First Onchain CAD/USD Settlement with QCAD on Circle's StableFX
QCAD is one of the first assets to join StableFX after USDC and EURCToronto, Ontario--(Newsfile Corp. - May 21, 2026) - Stablecorp Digital Currencies Inc. ("Stablecorp"), a Canadian digital asset infrastructure company acting on behalf of QCAD Digital Trust (the "Trust") in its capacity as servicer…
➤ Stablecorp has integrated its Canadian dollar stablecoin, QCAD, with Circle's StableFX on the Arc testnet, enabling onchain CAD/USD settlement. ➤ This integration aims to create a more efficient digital backbone for the USD/CAD foreign exchange corridor, reducing settlement risk and improving capital efficiency for institutions. ➤ The move signifies a step towards migrating institutional FX onto on-chain rails, leveraging stablecoins and blockchain technology for faster, compliant transactions.
