Tetra Trust launches the first regulated CAD stablecoin, CADD

Tetra Trust launches CADD, the first CAD stablecoin issued by a regulated Canadian financial institution, approved by the Alberta Treasury Board. CADD is designed for 24/7 inter-institutional cross-border settlements, real-time enterprise financial management, and direct fintech transfers, replacing traditional batch systems. The token is already live on Base, Ethereum, and Tempo, with plans to support Solana. Shopify and National Bank of Canada are involved in supporting its issuance.