{"id":146773,"date":"2026-09-25T15:15:38","date_gmt":"2026-09-25T15:15:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=146773"},"modified":"2026-09-25T15:15:38","modified_gmt":"2026-09-25T15:15:38","slug":"canadian-dollar-stablecoin-cadd-goes-live-on-solana","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=146773","title":{"rendered":"Canadian-Dollar Stablecoin CADD Goes Live On Solana"},"content":{"rendered":"<div>\n<h2>TL;DR<\/h2>\n<ul>\n<li>Tetra Digital Group has expanded its Canadian-dollar stablecoin CADD onto Solana.<\/li>\n<li>CADD is designed to maintain a 1:1 relationship with Canadian dollars held as reserves.<\/li>\n<li>The September 23 rollout is a Solana expansion; CADD had already launched on other blockchain networks earlier in 2026.<\/li>\n<\/ul>\n<p>Canada\u2019s regulated stablecoin market now has a new Solana connection.<\/p>\n<p>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.<\/p>\n<h2>CADD Brings Canadian Dollars Into A Dollar-Dominated Market<\/h2>\n<p>Most stablecoin activity revolves around the U.S. dollar.<\/p>\n<p>USDT and USDC dominate onchain <a href=\"https:\/\/bitcoinist.com\/glossary\/liquidity\/\">liquidity<\/a>, payments and crypto trading, leaving users dealing in other currencies to convert through dollar-denominated assets.<\/p>\n<p>CADD is designed to offer a Canadian-dollar alternative.<\/p>\n<p>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.<\/p>\n<p>The company describes CADD as the first Canadian-dollar stablecoin issued by a regulated financial institution.<\/p>\n<p>Solana becomes another distribution network for the token alongside CADD\u2019s earlier deployments on <a href=\"https:\/\/bitcoinist.com\/glossary\/ethereum\/\">Ethereum<\/a>, Base and Tempo.<\/p>\n<p>That is the key framing: September 23 marks the Solana rollout, not the original creation of CADD.<\/p>\n<h2>Regulated Stablecoins Still Need Clear Token Verification<\/h2>\n<p>Shortly after the Solana launch, Tetra warned users that copycat CADD tokens were appearing on the permissionless network and published the official mint address.<\/p>\n<p>That is a practical problem whenever a regulated asset moves onto a public blockchain.<\/p>\n<p>Anyone can create a token with a familiar ticker.<\/p>\n<p>The name alone does not prove it represents a claim on the issuer\u2019s reserves.<\/p>\n<p>For applications integrating CADD, verifying the official mint therefore becomes as important as checking the issuer behind the asset.<\/p>\n<p>Solana gives Tetra access to low-cost, high-throughput settlement and an active stablecoin ecosystem.<\/p>\n<p>Whether users actually want significant CAD-denominated onchain liquidity remains the bigger question.<\/p>\n<p>Canada has traditionally been a smaller crypto market than the United States, but having a regulated local-currency token creates infrastructure that payment companies and financial applications can build around.<\/p>\n<p>CADD does not need to compete with USDT globally to matter.<\/p>\n<p>It needs to make moving Canadian dollars onchain useful enough that businesses stop automatically routing everything through U.S. dollar <a href=\"https:\/\/bitcoinist.com\/glossary\/stablecoin\/\">stablecoins<\/a> first.<\/p>\n<p><em>This article was written by the News Desk and edited by <a href=\"https:\/\/bitcoinist.com\/author\/samuelrae\/\">Samuel Rae<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s regulated stablecoin market now has a new Solana connection. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-146773","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/146773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=146773"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/146773\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=146773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=146773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=146773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}