What is CADC (CAD Coin)?

CAD Coin (CADC) is a fully regulated Canadian dollar stablecoin — a digital asset where every token is backed 1:1 by real Canadian dollars held in a bank account, redeemable at any time on a one-to-one basis. Issued by LOON PAYMENTS Inc., a fully licensed Money Services Business regulated by FINTRAC — Canada's financial intelligence unit — CADC brings the transparency and composability of digital assets to the Canadian dollar. The CADC smart contract is forked directly from Circle's USDC design, inheriting one of the most battle-tested stablecoin architectures in the industry, and operates across Ethereum, Base, Polygon, and Arbitrum. For Australian investors and businesses that regularly deal with Canadian dollar exposure — whether for cross-border trade, immigration remittances, property transactions, or access to Canadian DeFi markets — CADC offers a transparent, regulated, and blockchain-native way to hold and move CAD instantly at a fraction of the cost of traditional international wire transfers. Australia's strong trade relationship with Canada and the significant number of Australians living and working in Canada make CAD exposure particularly relevant in the Australian market. Uptrade is Australia's trusted CAD Coin broker — making it simple, secure, and fast for investors across Australia.