Coinbase invests in Canadian stablecoin issuer
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Coinbase's Partnership with Stablecorp: Coinbase has partnered with Canadian stablecoin issuer Stablecorp to promote the fiat-collateralized stablecoin QCAD, aiming to enhance access to tokenized Canadian dollars and facilitate instant, borderless payments for Canadians.
Regulatory Challenges in Canada: The adoption of stablecoins in Canada faces hurdles due to existing securities regulations that classify them as securities rather than payment instruments, prompting calls for a national strategy on digital assets from industry leaders like Coinbase.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
