DeFi Technologies' portfolio company, Stablecorp, has launched QCAD, Canada's first regulated Canadian dollar stablecoin. QCAD has received regulatory approval, marking a significant milestone in the country's digital currency landscape. The approval was granted under Canada's stablecoin framework, setting a precedent for CAD-denominated digital currencies. DeFi Technologies plans to enhance QCAD's growth through various initiatives, including the development of CAD-linked exchange-traded products (ETPs), providing institutional liquidity, and forming a quantum-secure partnership with BTQ Technologies. Executives emphasized QCAD's potential to strengthen Canada's digital financial infrastructure and generate new revenue streams.