Tetra Trust Company has launched CADD, Canada's first regulated Canadian-dollar stablecoin, approved by Alberta Treasury Board and Finance. This marks a significant development as CADD is the first CAD-pegged stablecoin issued by a regulated financial institution in Canada. The stablecoin is backed by reserves held in trust under Canadian law and is available on major blockchains such as Base, Ethereum, and Tempo, with plans to support Solana. The Calgary-based company raised $10 million for the project in September 2025, with support from major entities including Shopify, Wealthsimple, and National Bank of Canada. CADD is designed for institutional use, facilitating 24/7 cross-border settlements and real-time corporate treasury transfers. This launch addresses the lack of a regulated Canadian stablecoin, as the sector has been dominated by USD-denominated stablecoins. Tetra Trust, known as Canada's first regulated digital asset custodian, continues to innovate in the digital finance space.