Shopify Backs Tetra’s New CAD Stablecoin CADD Launch

TLDR Tetra Trust Company launched CADD as a regulated Canadian dollar stablecoin approved by the Alberta Treasury Board and Finance. Shopify and the National Bank of Canada joined a consortium that backed the $10 million funding round for CADD. CADD operates on Base, Ethereum, and Tempo, and Tetra plans to add Solana support. Tetra completed [...]

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