Stablecorp Secures $5 Million Funding to Enhance QCAD Launch
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Funding Announcement: Stablecorp has successfully completed a $5 million financing round led by FTP Ventures to enhance the rollout of QCAD, a Canadian dollar stablecoin, emphasizing Canada's role in the digital asset sector.
Impact on Digital Finance: The investment aims to strengthen QCAD's infrastructure, potentially increasing its market presence and supporting the adoption of stablecoins within Canada's financial ecosystem.
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.
