Case Study: Stablecorp achieves scalable compliant Canadian stablecoin adoption with Algorand

Stablecorp - Customer Case Study

Stablecorp, a joint venture between 3iQ and Mavennet Systems, launched QCAD, the first fully compliant Canadian-dollar stablecoin for the mass market. To support broader enterprise and consumer adoption, Stablecorp needed a scalable blockchain platform that could handle compliant stablecoin use cases and integrate with its ecosystem partners.

Using the Algorand blockchain, Stablecorp gained instant confirmation, micro payments, and automatic wallet support for QCAD. The implementation also enabled the first non-USD-backed stablecoin on Algorand, creating a synthetic FX trading pair between USD and CAD stablecoins on the network. Algorand also awarded Stablecorp a Foundation Grant to help expand adoption and new use cases.

Stablecorp