Canada's Stablecoin Act is now law · CADD is now live
QCAD is the first CAD stablecoin with an approved CSA prospectus across all 13 jurisdictions. CADD is the first CAD stablecoin issued by a regulated financial institution.
StableLoonie tracks Canada's CAD stablecoin issuers against every requirement in the Act — with sources, evidence, and a calculator showing what CAD-native settlement saves Canadian businesses today.
Canada's first regulated CAD stablecoins, tracked against 14 requirements in the Stablecoin Act.
Stablecorp
QCAD Digital Trust
CAD Digital Inc. (Tetra Trust Co.)
CADD Canadian Dollar Token
Loon (ex-Paytrie)
CADC Canadian Dollar Coin
03 — Programmable Layer
Payments Canada targets Q3 2026 for RTR launch. Regulators expect CAD stablecoins to act as a programmable layer on top — enabling conditional and 24/7 settlement that traditional bank rails can't yet handle. That same programmability now reaches across borders: QCAD settles CAD/USD onchain via Circle's Arc and StableFX.
Hover any block for detail.
Cross-border · Circle Arc + StableFX
The programmable layer isn't only domestic. On May 21, 2026, Stablecorp issued QCAD on Circle's Arc testnet and integrated StableFX — making QCAD/USDC the first onchain CAD/USD settlement pair, with payment-versus-payment atomic settlement and T+0 finality. It brings stablecoin programmability to the ~$150B/day USD/CAD corridor, complementing the domestic RTR stack above rather than replacing it. QCAD joins USDC and EURC as one of the first assets on StableFX; production follows Arc mainnet launch.
Read the announcement →14 requirements across 7 categories. Three issuers tracked against every obligation in the Stablecoin Act — with evidence links and source citations.
View scorecard → 02 — Issuer ComparisonQCAD vs CADD vs CADC — side-by-side comparison across funding, backers, blockchain networks, custody, exchange listings, and regulatory status.
Compare issuers → 03 — FX Cost CalculatorHow much does routing through USD stablecoins cost a Canadian business per year? Model your cross-border payment volume against CAD-native settlement.
Run the numbers →of stablecoins in circulation are pegged to the US dollar. Desjardins warned that unchecked USD stablecoin adoption poses a risk to Canadian monetary sovereignty.
in stablecoins are already in circulation globally, projected by Deloitte Canada to reach $2.5 trillion by 2028. Canada needs its own compliant alternatives.
received Royal Assent on March 26, 2026. The Stablecoin Act has an in-force date no earlier than mid-February 2027 and $10M committed to BoC supervision over two years.
In April 2026 the Bank of Canada confirmed it scaled down retail Digital Canadian Dollar work, citing "no compelling case" given the rise of regulated private alternatives. Stablecoins are now Canada's primary digital-CAD path.
Every requirement in Canada's Stablecoin Act (Part 4 of Bill C-15), mapped against publicly verifiable evidence from three issuers: Stablecorp (QCAD), Tetra Digital Group (CADD), and Loon (CADC). Categories span registration, reserves, redemption, governance, technology, reporting, and recovery.
Demonstrated — met with public evidence (attestation, filing, custody agreement). In Progress — steps taken but formal disclosure not yet public. Pending — requirement exists in law but implementing regulations not yet published.
Stablecorp press releases and attestation reports. Tetra Digital announcements and Senate Banking Committee brief. Loon (Paytrie) filings. VersaBank custody announcements. CSA filings via SEDAR+. Department of Finance Canada. Analyses from Torys LLP, Stikeman Elliott, Fasken, and DLA Piper.
Independent compliance intelligence built by the team behind StablecoinAtlas.com — the cartography of compliance. Focused exclusively on the Canadian stablecoin ecosystem.