CAD Coin

About

CAD Coin is a stablecoin project centered around the CADC token. Every CADC is fully backed by a reserve of real CAD in a bank account, and redeemable on a 1-to-1 basis for Canadian dollars. The CADC smart contract code is forked from Circle's USDC design, implementing a battle-tested standard for maximum composability on Ethereum, Base, Polygon and Arbitrum Each CADC is issued by LOON PAYMENTS Inc., a fully licensed Money Services Business (C10001420) regulated by FINTRAC, Canada's financial intelligence unit. You can buy and sell CADC with Interac e-transfers directly on PayTrie with 24/7 access.