DeFi Technologies Announces Strategic Investment and Partnership with Canada’s Stablecorp, Backer of QCAD Canadian-Dollar Stablecoin

• Strategic investment & partnership: DeFi Technologies has invested in and partnered with Canada Stablecorp to help scale QCAD, a Canadian dollar stablecoin rail. Other investors in Stablecorp include Coinbase Ventures, Circle Ventures, Side Door Ventures, and additional industry leaders. 

• Canadian-dollar stablecoin tailwinds: Canadian dollar stablecoins are set to benefit from the Retail Payments Activities Act oversight of payment service providers taking effect on September 8, 2025, alongside growing policy focus from the Bank of Canada and the FCAC. With retail CBDC work paused, compliant CAD stablecoins can support e-commerce, cross border trade, payroll, and treasury activity. 

• Execution and impact: DeFi Technologies will launch QCAD integrated products through Valour, Stillman Digital will serve as a preferred liquidity provider for on and off ramps and for mint and redeem flows, and the Company will develop a post quantum security roadmap with BTQ. These initiatives expand the addressable market and create new sources of recurring fee and spread revenue.

DeFi Technologies Inc., a financial technology company closing the gap between traditional capital markets and decentralized finance, is pleased to announce a strategic investment in Canada Stablecorp Inc. (“Stablecorp”) and a commercial collaboration centered on QCAD, Stablecorp’s Canadian-dollar stablecoin product.

DeFi Technologies joins Coinbase Ventures, Circle Ventures, Side Door Ventures and other digital finance industry leaders as investors in Stablecorp.

Why Canadian-dollar stablecoins matter now

Stablecoins are emerging as a key payments and settlement rail worldwide. In Canada, the regulatory environment is moving toward formal oversight of payment service providers (PSPs) under the Retail Payments Activities Act (RPAA), with the Bank of Canada beginning PSP registration in late 2024 and rules taking effect September 8, 2025, a foundation that can support compliant, CAD-denominated digital money at scale.

The Bank of Canada and the Financial Consumer Agency of Canada (FCAC) have also published research on stablecoin use, risks, and benefits, signaling growing policy attention to Canadian consumers’ adoption and payments use cases.

Meanwhile, with retail CBDC work paused, private, well-regulated CAD stablecoins are positioned to fill practical needs across e-commerce, cross-border trade, supplier payments, payroll for contractors, and treasury operations, especially in the Canada-U.S. corridor, where annual trade routinely approaches or exceeds C$1 trillion.

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What DeFi Technologies and Stablecorp will do together

DeFi Technologies and Stablecorp intend to focus on three strategic areas tied to QCAD:

1. Product development: DeFi Technologies (directly or via Valour Inc.) as primary partner to develop a QCAD-integrated suite of products.
2. Liquidity: Stillman Digital is a preferred liquidity provider for QCAD, streamlining access for on/off-ramps and mint/redeem flows.
3. Security roadmap: Collaborate with BTQ Technologies in development of post-quantum security standards for QCAD as adoption scales.

Kesem Frank, CEO of Canada Stablecorp, said: “We were impressed with the vision and capabilities of the DeFi group, and are excited to collaborate on scaling QCAD’s utility in the regulated payments space”.

Olivier Roussy Newton, CEO of DeFi Technologies, said: “QCAD adds practical Canadian-dollar rails to digital markets. Our collaboration with Stablecorp is about building useful CAD-based products, deepening institutional liquidity, and planning for advanced security as usage grows.”

Timing and conditions

The parties intend to finalize a mutual roadmap within ~60 days of the subsequent financing’s closing, subject to definitive documentation.

Strategic importance for DeFi Technologies:

This collaboration provides DeFi Technologies with a Canadian-dollar on-chain rail that complements the Company’s existing platform and unlocks new use cases in payments, savings, and cross-border settlement. It establishes a pathway for CAD-linked yield and structured products via Valour, positions Stillman Digital to deepen liquidity and on/off-ramp flows in the Canada–U.S. corridor, and aligns the roadmap with Canada’s evolving regulatory framework. By coordinating with BTQ on a post-quantum security plan, the Company also future-proofs this infrastructure as adoption scales. Collectively, these steps expand DeFi Technologies’ addressable market, add recurring fee and spread opportunities, and reinforce its role as a compliant bridge between traditional capital markets and decentralized finance.