Stablecorp | Base: Bringing Canada Onchain

Today, November 25th 2025, Stablecorp is announcing QCAD, Canada’s first compliant, CAD Stablecoin, is launching on Base Chain, a secure, fast, low-cost Ethereum L2 built to power an open global economy, with typical transaction costs of less than 1 cent and speeds of less than 1 second. This marks a meaningful step towards building trusted digital CAD infrastructure for the benefit of the onchain community and economy.

A Shared Vision: Bringing Canada Onchain

Stablecorp’s goal is to serve as a secure and stable bridge between the traditional economy and the burgeoning global digital asset world. The journey to launch QCAD underscores Stablecorp’s commitment to building a compliant and robust financial future. As larger portions of economic activity move onchain, the need for reliable national-currency infrastructure becomes essential. Canada, a major G7 economy, is a key piece in this future.

Base is on a mission to bring a billion people onchain. We share this vision and practically support this mission by making it easier for Canadians to use a stablecoin in their national currency. QCAD unlocks a foundational utility, giving the onchain community access to trusted CAD liquidity that powers payments, commerce, and new onchain applications. We aim to enable all innovators in building the future of finance, and solidify Canada’s position at the global forefront of digital asset development.

Make Canadian Dollars Secure, Accessible, and Complaint

QCAD is a compliant Canadian Dollar stablecoin that holds 1-to-1 dollar reserves for each issued QCAD at regulated financial institutions. Our prospectus is publicly available on this SEDAR link. Our immediate focal points are:

• Instant, Low-Cost Transactions: QCAD on Base empowers individuals and businesses to send and receive funds across the country and beyond, nearly instantaneously and at a fraction of the cost of traditional financial rails. This revolutionizes everything from e-commerce and payroll to remittances, personal payments and foreign exchange.
• The Bridge to the Digital Economy: QCAD allows for seamless integration with blockchain-based applications, decentralized finance (DeFi), and Web3 innovation, ensuring Canada remains a competitive player on the world stage.
• Unprecedented Transparency and Security: As a compliant financial instrument, QCAD operates with the highest standards of oversight. The reserves backing QCAD are subject to regular audits and public attestations, offering unparalleled peace of mind and consumer protection.

About Stablecorp

Stablecorp is a leading Canadian digital asset infrastructure company, focused on building bank-grade blockchain solutions. In partnership with industry leaders such as Coinbase Inc and Circle Inc, Stablecorp creates secure, scalable, and compliant products. Its QCAD stablecoin, is Canada’s first compliant stablecoin, 1:1 reserved with Canadian Dollars.