CAD Coin (CADC) is a fiat-backed Canadian dollar stablecoin. It has about $1.2M in circulation, ranking #208 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.
What is CADC?
CAD Coin (CADC) is a fiat-backed Canadian dollar stablecoin. It has about $1.2M in circulation, ranking #208 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.
In the issuer's words: CADC tokens are fully backed 1:1 with Canadian Dollars held in a bank account in Canada.
CADC supply history
CADC supply fell 3.0% over the past 30 days, to $1.2M. Its peak was $2.0M in January 2026, and supply is 39% below that high.
Is CADC holding its peg?
CADC is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where CADC lives: supply by blockchain
CADC is spread across several networks. The largest, Base, holds 61% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.
How CADC is backed
Each CADC is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: CADC is issued by PAYTRIE AB Inc., a FINTRAC regulated Money Services Business (M19690633), and backed by fully reserved assets, and redeemable on a 1:1 basis for Canadian dollars.
CADC risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
With $1.2M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
CADC vs USDT and USDC
Similar fiat-backed stablecoins
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CADC FAQ
What is CADC?
CAD Coin (CADC) is a fiat-backed Canadian dollar stablecoin. It has about $1.2M in circulation, ranking #208 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.
Is CADC pegged 1:1 to the canadian dollar?
CADC targets 1 CAD. At the last update it traded at C$1.0015, a deviation of +0.15%, which we classify as "on peg".
What backs CADC?
CADC is a fiat-backed stablecoin. Each CADC is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is CADC on?
CADC is live on 4 blockchains. The largest by supply are Base ($1.0M), Ethereum ($602K), Polygon ($47K).
How much CADC is in circulation?
About $1.2M of CADC was in circulation at the last update, -3.0% over 30 days. That makes it the #208 stablecoin by supply among those we track.
Is CADC safe?
No stablecoin is risk-free. As a fiat-backed design, CADC's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.