Stablecorp has announced that QCAD has become the first regulated Canadian dollar stablecoin. The token, which is pegged 1:1 to the Canadian dollar, has received regulatory approval, marking a significant development in the Canadian digital asset landscape. QCAD's reserves are held in regulated financial institutions, facilitating instant and low-cost transactions. This stablecoin aims to bridge the gap between traditional finance and digital assets, offering a new avenue for financial transactions in Canada.