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Fintech firm Stablecorp will make cross-border payments easier

Fintech firm Stablecorp that will make cross-border payments even easier and provide investors with a seamless banking experience. ....

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Stablecorp Announces Closing of C$2mm Strategic Consortium Financing Round to Launch World's First Bank-Issued Deposit-Based Digital Currency


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Stablecorp Announces Closing of C$2mm Strategic Consortium Financing Round to Launch World’s First Bank-Issued Deposit-Based Digital Currency
February 25, 2021 GMT
Canada Stablecorp Inc. (CNW Group/Canada Stablecorp Inc.)
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of next generation financial infrastructure globally. ....

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Stablecorp Launches QCAD Stablecoin on Algorand Blockchain


Stablecorp Launches QCAD Stablecoin on Algorand Blockchain
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First Digital Canadian Dollar Stablecoin sets the stage for advanced settlement, B2B transactions, and payments infrastructure in the growing Canadian crypto ecosystem.
TORONTO, Dec. 10, 2020 /PRNewswire/
 Stablecorp, the firm behind the issuance and management of the QCAD (the Canadian Dollar stablecoin), announced a partnership with Algorand, the leading scalable, secure and decentralized blockchain network, to launch the digital asset on the Algorand blockchain. Stablecorp has been awarded an Algorand Foundation Grant and through this collaboration will continue to grow the fiat-backed stablecoin capability on Algorand and will be the first non-USD backed stablecoin to be issued on the network. ....

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