Canadian-Dollar Stablecoin CADD Goes Live On Solana

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Tetra Digital Group has expanded its Canadian-dollar stablecoin CADD onto Solana. CADD is designed to maintain a 1:1 relationship with Canadian dollars held as reserves. The September 23 rollout is a Solana expansion; CADD had already launched on other blockchain networks earlier in 2026. Canada’s regulated stablecoin market now has a new Solana connection. Tetra Digital Group has deployed CADD, its Canadian-dollar stablecoin, on the network, giving applications another way to settle and transfer CAD-denominated value onchain. CADD Brings Canadian Dollars Into A Dollar-Dominated Market Most stablecoin activity revolves around the U.S. dollar. USDT and USDC dominate onchain liquidity, payments and crypto trading, leaving users dealing in other currencies to convert through dollar-denominated assets. CADD is designed to offer a Canadian-dollar alternative. Tetra says each token is backed on a 1:1 basis by Canadian-dollar reserves and can be used for payments, transfers, treasury operations and settlement. The company describes CADD as the first Canadian-dollar stablecoin issued b...