Tetra Launches Canadian-Dollar Stablecoin to Power Cross-Border Payments

Tetra Digital Group has launched a payment stablecoin backed 1:1 by Canadian dollars after receiving regulatory approval from Alberta Treasury Board and Finance. The CADD stablecoin is now live on Base, Ethereum and Tempo, and it will soon be live on Solana, the company said in a Monday (May 4) press release . The launch was announced by Tetra Trust Company via its agent CAD Digital.