DeFi Technologies (DEFT) announced a strategic investment in Canada Stablecorp and a commercial collaboration centered on QCAD, Stablecorp’s Canadian-dollar stablecoin product. 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. In Canada, the regulatory environment is moving toward formal oversight of payment service providers under the Retail Payments Activities Act , 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. DeFi Technologies and Stablecorp intend to focus on three strategic areas tied to QCAD: product development, liquidity, and a security roadmap. The parties intend to finalize a mutual roadmap within ~60 days of the subsequent financing’s closing, subject to definitive documentation.
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