Canadian-Dollar Stablecoin CADD Launches on Solana

Tetra Digital Group has expanded its Canadian-dollar stablecoin CADD to Solana, giving apps another network to settle and transfer CAD-denominated value onchain. CADD is backed 1:1 by Canadian-dollar reserves and can be used for payments, transfers, treasury operations and settlement; the company calls it the first Canadian-dollar stablecoin issued by a regulated financial institution. The September 23 rollout adds Solana alongside CADD's earlier deployments on Ethereum, Base and Tempo. Shortly after launch, Tetra warned that copycat CADD tokens had appeared on Solana and published the official mint address, urging integrators to verify it.