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Rank #36CADCFiat-Backed
CADC
Pegged to
CAD
Market Cap
$15.00M
24h Volume
$500.0K
Circulating Supply
15.00M CADC
Total Supply
15.00M CADC
Peg Target
CAD
Collateral Type
Fiat-Backed
Issuer
PayTrie
Launch Date
01-01-2021
About CADC
CADC is a Canadian Dollar (CAD)-pegged stablecoin issued by PayTrie, a Canadian fintech company. Each CADC token is backed 1:1 by Canadian dollars held in trust accounts at Canadian financial institutions. CADC allows Canadian users to interact with DeFi protocols in their local currency without exposure to USD/CAD exchange rate fluctuations. The token is available on Ethereum and Polygon and is used in Curve Finance pools for euro and non-USD stablecoin swaps.
Pros
- Direct CAD exposure on-chain
- Regulated Canadian issuer
- Curve Finance integration
- No USD conversion needed for Canadians
Cons
- Very small market cap
- Limited exchange listings
- Minimal DeFi composability
- Primarily Canadian market
Key Features
CAD 1:1 peg
Trust accounts at Canadian banks
Available on Ethereum and Polygon
DeFi integration via Curve pools
Canadian fintech issuer
Direct CAD on/off ramp
Stablecoin Information
Category
Non-USD FiatCollateral Type
Fiat-BackedIssuer
PayTrie