CAD Digital (CADD) stablecoin analytics
Answer First
What is CAD Digital (CADD)?
CADD is Tetra Trust's regulated Canadian dollar stablecoin, redeemable 1:1 against CAD held in trust under Alberta's Loan and Trust Corporations Act. The static profile records its Canadian Dollar peg mechanism as: Direct 1:1 mint and redemption of CADD for CAD through CAD Digital's regulated issuance framework
Is CADD safe?
CADD holds a B- Safety Score grade (65/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says CAD Digital uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Baker Tilly WM LLP (Vancouver); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
CAD Digital (CADD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Canadian Dollar.
AI summary / Updated Sep 7, 2026
CADD launched in May 2026 as Canada's first CAD stablecoin issued by a regulated financial institution, Tetra Trust, under Alberta's Loan and Trust Corporations Act, with a backer roster (Shopify, National Bank of Canada, ATB Financial, Wealthsimple) that reads like a who's-who of Canadian fintech. It is now fully live on Pharos rather than coverage-pending, and the data is unusually clean for a long-tail fiat coin: the peg record is the strongest line on the card, and the backing pillar is supported by monthly...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Business Wire: Tetra Digital Group launches CADD (May 2026), CADD reserve attestations (Baker Tilly WM), and DLA Piper: Canada enacts stablecoin framework in Bill C-15 (April 2026)
- Collateral
- Canadian dollar reserves held 1:1 in trust for token holders by Tetra Trust
- Peg Mechanism
- Direct 1:1 mint and redemption of CADD for CAD through CAD Digital's regulated issuance framework
- Jurisdiction
- Canada / Alberta Treasury Board and Finance / Loan and Trust Corporations Act (Alberta)
- Proof Of Reserves
- Independent Audit by Baker Tilly WM LLP (Vancouver) Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety cadd-cad-digital
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
CADD quick answers
What is CAD Digital (CADD)?
CADD is Tetra Trust's regulated Canadian dollar stablecoin, redeemable 1:1 against CAD held in trust under Alberta's Loan and Trust Corporations Act. The static profile records its Canadian Dollar peg mechanism as: Direct 1:1 mint and redemption of CADD for CAD through CAD Digital's regulated issuance framework
Is CADD safe?
CADD holds a B- Safety Score grade (65/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says CAD Digital uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Baker Tilly WM LLP (Vancouver); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs CADD?
Pharos classifies CADD backing as Real-World Asset Backed. Collateral, per the static profile: Canadian dollar reserves held 1:1 in trust for token holders by Tetra Trust Reserve evidence: Independent Audit from Baker Tilly WM LLP (Vancouver).
Can CADD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for CADD, when applicable, appear in the dossier below.
