Launch of CADD: Canada's First CAD-Pegged Stablecoin by Tetra Trust

Tetra Trust has introduced CADD, a Canadian-dollar stablecoin, following approval from Alberta Treasury Board and Finance. According to NS3.AI, this launch comes after Tetra Trust secured $10 million in funding for the project in September 2025. CADD is recognized as the first CAD-pegged stablecoin issued by a regulated financial institution in Canada, targeting institutional applications such as continuous settlement and treasury transfers.