Stablecorp is a leading Canadian fintech company specializing in the development of digital infrastructure for financial operations based on blockchain technology. Its flagship product, QCAD, is a stablecoin pegged to the Canadian dollar and designed for use in various fields, including international payments, trading, and digital asset management. The company actively collaborates with industry leaders such as Coinbase Ventures and Algorand to expand the capabilities and applications of its solutions.
Contents:
- History and Mission of Stablecorp
- QCAD: The Canadian Dollar in Digital Format
- Partnerships and Investments
- Technological Solutions and Products
- Use Cases and Future Outlook
- Conclusion
History and Mission of Stablecorp
Stablecorp was founded in Canada as a joint venture between 3iQ, the country’s largest crypto asset manager, and Mavennet Systems, a blockchain development company. The goal of Stablecorp was to build digital financial infrastructure that offers more efficient and accessible solutions compared to traditional financial institutions.
The company aims to eliminate existing barriers in the financial system, such as high costs and slow transaction speeds, by implementing innovative blockchain-based solutions. Stablecorp is actively working to create a hybrid model that combines the benefits of traditional finance with modern technology, thus ensuring more effective and secure financial services.
QCAD: The Canadian Dollar in Digital Format
QCAD is a stablecoin fully backed by the Canadian dollar and intended for use in various financial operations, including international payments and trading. Launched in 2020, QCAD became the first stablecoin pegged to the Canadian dollar and has received broad support within the digital asset ecosystem.
In 2025, Stablecorp raised USD 1.8 million in funding from companies such as Coinbase Ventures and Side Door Ventures to expand QCAD’s infrastructure. The funds were directed toward developing liquidity in the forex market and integrating payment channels, contributing to the stability and usability of the stablecoin.
Additionally, the QCAD Digital Currency Trust was established—an independent trust responsible for holding reserve assets and ensuring transparency through daily reports and annual audits. This enhances user confidence and aligns with high financial reporting standards.
Partnerships and Investments
Stablecorp actively partners with leading companies in the digital asset space to enhance its product capabilities. Key partners include Coinbase Ventures, the investment arm of the cryptocurrency exchange Coinbase, which has made significant contributions to the development of QCAD.
The company also collaborates with Algorand, a high-performance blockchain platform on which QCAD was launched. This partnership enabled instant transaction confirmations and support for micropayments, broadening the stablecoin’s range of applications.
Stablecorp is also involved in government initiatives, such as the Digital Asset Evidence Locker project, aimed at assisting Canadian law enforcement in managing digital assets related to criminal activity. This reflects Stablecorp’s commitment to security and regulatory compliance.
Technological Solutions and Products
Stablecorp offers innovative technological solutions focused on integrating digital assets into the financial system. These products enable users to manage digital assets efficiently while ensuring security, transparency, and regulatory compliance.
Core Technological Solutions from Stablecorp:
- Grapes Finance: A platform for managing digital assets, offering users access to various financial tools, including treasury management, FX operations, and yield analytics.
- Grapes Connect: A solution for fast and low-cost onboarding into the digital asset space, including conversion and integration services, and streamlined KYC/KYB procedures.
- The Forge: A portal for developing and managing digital assets at the banking level, ensuring compliance and supporting a multichain architecture.
- YaaS Digital: A platform for analyzing lending and borrowing markets in the digital asset space, offering tools to assess risks, liquidity, transparency, and integration with various DeFi protocols.
These solutions empower users to manage their digital assets effectively, while meeting security and compliance standards. Stablecorp continues to evolve its technologies, aiming to deliver innovative solutions for the financial sector.
Use Cases and Future Outlook
Stablecorp continues to expand the use of its QCAD stablecoin across multiple industries, providing more efficient and accessible financial services. QCAD is already utilized in international payments, education, and remittances, showcasing strong potential for further growth.
Table: Key Use Cases of QCAD
| Use Case | Description |
|---|---|
| International Payments | Faster and cheaper cross-border transactions, especially between Canada and the U.S. |
| Education | Tuition payments by international students at Canadian educational institutions. |
| Remittances | Fast and affordable money transfers, for example, from Canadian workers to families abroad. |
| Business Financing | Provides Canadian companies access to international credit lines calculated in QCAD. |
| Global Telecommunications | Simplifies settlements between telecom operators using programmable stablecoin-based payments. |
In the future, Stablecorp plans to expand QCAD usage through integrations with other blockchain platforms and the development of new financial instruments. The company also aims to enhance infrastructure and transparency to strengthen user trust and regulatory alignment.
Conclusion
Stablecorp confidently holds a leading position in Canada's digital finance sector, offering innovative blockchain-based solutions. With the launch of QCAD and the development of its own tech infrastructure, the company is opening new horizons for stablecoins and financial transactions. Strategic partnerships, regulatory compliance, and a forward-looking vision make Stablecorp a key player in the global digital asset market and a solid foundation for future economic transformation.
