Skip to main content
Pharos

Profile

CADD profile facts

CAD Digital (CADD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Canadian Dollar.

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 Attestation by Baker Tilly WM LLP (Vancouver) Reserve source
Contracts
4 deployments tracked across Ethereum, Base, Solana, and Tempo.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

CADD quick answers

5
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?

As of Nov 8, 2026, Pharos grades CADD A- (80/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs CADD?

Pharos records CADD's reserves as of Sep 30, 2026 as 100% Canadian dollar cash in segregated trust accounts. Reserve evidence: Independent Attestation by Baker Tilly WM LLP (Vancouver), latest period ending Sep 30, 2026. Pharos classifies the backing as Real-World Asset Backed.

Can CADD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.

How do you redeem CADD?

Under the route Pharos reviewed on May 12, 2026, customers the issuer has verified can redeem CADD for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The reviewed redemption fee is at most 0.25%. Whether a given holder qualifies is set by the route's own terms, not by this summary.