Core Insights - DeFi Technologies Inc. has made a strategic investment in Canada Stablecorp Inc. and is collaborating on the QCAD Canadian-dollar stablecoin product, aiming to bridge traditional capital markets with decentralized finance [1][6][7] Industry Context - The regulatory environment in Canada is evolving towards formal oversight of payment service providers under the Retail Payments Activities Act (RPAA), with the Bank of Canada starting PSP registration in late 2024 and rules effective from September 8, 2025 [3][4] - Canadian-dollar stablecoins are becoming increasingly important as they can support various financial activities such as e-commerce, cross-border trade, and payroll, especially in the Canada-U.S. corridor where annual trade often exceeds C$1 trillion [5][9] Strategic Collaboration - DeFi Technologies and Stablecorp will focus on three main areas: product development, liquidity provision, and security standards [8] - The collaboration aims to enhance the utility of QCAD in regulated payments, deepen institutional liquidity, and develop a post-quantum security roadmap [7][9] Product Development and Execution - DeFi Technologies will develop a suite of QCAD-integrated products, with Valour as the primary partner [8] - Stillman Digital will act as a preferred liquidity provider for QCAD, facilitating on/off-ramps and mint/redeem flows [8] - The partnership will also involve collaboration with BTQ Technologies to establish post-quantum security standards for QCAD [8] Strategic Importance for DeFi Technologies - This collaboration provides DeFi Technologies with a Canadian-dollar on-chain rail, unlocking new use cases in payments and cross-border settlements [9] - It positions the company to create CAD-linked yield and structured products, enhancing liquidity and revenue opportunities [9]
DeFi Technologies Announces Strategic Investment and Partnership with Canada's Stablecorp, Backer of QCAD Canadian-Dollar Stablecoin