Last verified · · reserve ratio

CADC: TheCanadian DollarStablecoin

Canada's regulated CAD stablecoin. Verified reserves, instant settlement, low-cost transactions.

Access CADC →View reserves
100%
Backed reserves
FINTRAC
Compliant in Canada
24/7
Always-on settlement
Why CADC

Why CADC for
Partners?

At Loon, we understand navigating complex regulatory frameworks, managing inefficient banking rails, and maintaining sufficient CAD liquidity around the clock. CADC is purpose-built to solve these challenges for businesses across Canada and abroad.

01

Global Settlements in Seconds

Use the Canadian dollar to settle payments globally in seconds with 24/7 cross-border transactions. No banking delays, no time zone restrictions.

02

Low-Cost Transactions

Sending CADC between wallets costs cents, not dollars. CADC moves on the same public infrastructure that secures Ethereum: open, permissionless, and immutable.

03

Always in Your Control

No downtime risk. Your CADC always remains in your control. Unlike traditional banking, you maintain custody of your assets 24/7.

04

Canadian Focus

Built specifically for the Canadian market by a team experienced with local regulations, banking systems, and DeFi platforms.

Transparency

Fortifying trustwith transparency

Reserve composition and monthly attestations are publicly available, so you always know CADC is redeemable 1:1 for Canadian dollars. Reserves are held at ATB Financial and designed to provide holders with ready liquidity.

View reserves →
CA$
CADC in reserves
100%+ backed · attested monthly
In circulation across 5 chains
In use by financial institutions and on-chain protocols
$1M+
Total Value Locked
In verified CAD reserves
5
Institutional Partners
Financial institutions and DApps
24/7
Always-On Settlement
No banking hours, no holidays
$500M+
On-chain Volume
Processed through CADC

One Canadian dollar.
Every major chain.

Deployed on
CADC
Built for your business

One stablecoin,
every CAD workflow.

Exchanges & Trading

Trade CAD when traditional markets are closed.

  • Direct CAD on/off ramp to Canadian banks
  • Round-the-clock CAD/USD settlement
  • Withdraw and self-custody anytime

Payment Apps & Fintechs

Build your own CAD on/off ramp on top of CADC.

  • Mint and redeem directly with Loon
  • Works with every Canadian bank
  • Settles in seconds once funds arrive

DeFi Protocols

A Canadian dollar built for onchain markets. Pairs, collateral, and liquidity.

  • Available on all major chains
  • Live on Aerodrome and PancakeSwap
  • Swap to USDC or any token via aggregators
Available on
Built in Canada

The Canadian dollar, reimagined for the internet.

Fully reserved and attested monthly, redeemable 1:1 for Canadian dollars.

CA$
CADC in circulation
Live across 5 networks
CA$
All-time minted volume
2021
Circulating since
Backed by

$3M pre-seed
to bring Canadian dollars on-chain.

Led by Version One Ventures, with participation from Garage Capital and a syndicate of Canadian fintech operators.

Lead investor
Learn center

Read the latest from the Loon team

See all articles →
Meet CADC — cover imageCADC
Introduction6 min read

Meet CADC

Why we're building Canada's first regulated dollar stablecoin, and how CADC is engineered for businesses, not speculation.

Read article →
CADC in February — cover imageCADC
Monthly update4 min read

CADC in February

Reserves, partners, and on-chain volume. The first monthly transparency report from the Loon team.

Read article →

Frequently asked questions

What is CADC?
CADC is a Canadian dollar-backed stablecoin issued by Loon, fully redeemable 1:1 for CAD with monthly attestation of reserves. It operates on Ethereum, Base, Polygon, Arbitrum, and Solana.
How is CADC different from other stablecoins?
CADC is a fiat-backed stablecoin pegged specifically to the Canadian dollar.
Who can use CADC?
Anyone with a compatible wallet can hold, send, and receive CADC, no signup required. To mint or redeem CADC 1:1 for Canadian dollars, sign up with Loon and complete a quick verification.
How do I get started as a partner?
Businesses and institutions can apply to partner with Loon to access CADC minting and redemption services. The process includes KYC verification and onboarding guidance. Email partners@loon.finance to start.
What reserves back CADC?
CADC is backed 1:1 by Canadian dollars held in a segregated cash account at ATB Financial. Loon publishes monthly third-party attestations proving reserves fully cover all circulating tokens.
What blockchains support CADC?
CADC is available on Ethereum, Base, Polygon, Arbitrum, and Solana. Looking for support on a new chain? Email support@loon.finance.

Ready to get started?

Businesses use CADC for stable, compliant Canadian dollar transactions on-chain.

Become a CADC Partner