Profile
QCAD profile facts
Stablecorp QCAD (QCAD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Canadian Dollar.
- Collateral
- Canadian-dollar reserves held in regulated financial institutions under the QCAD Digital Trust framework for prospectus-qualified tokens; legacy QCAD issued before November 20, 2025 is excluded from that trust framework and has separate reserve accounts
- Peg mechanism
- Qualified holders can mint and redeem QCAD at 1 CAD through Stablecorp or authorized partners; issuer APIs publish live supply and fiat reserve totals.
- Jurisdiction
- Canada / Canadian Securities Administrators / FINTRAC / FINTRAC MSB M22234558; QCAD Digital Trust VRCA framework
- Proof of reserves
- Examination by Davidson & Company LLP (Vancouver; Nexia International member) - the monthly CSAE 3000 reasonable-assurance attestations are signed by Davidson, not by Kingston Ross Pasnak LLP as previously recorded Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
QCAD quick answers
5
What is Stablecorp QCAD (QCAD)?
QCAD is Stablecorp's CAD stablecoin: prospectus-qualified tokens use QCAD Digital Trust; legacy tokens have separate reserves and redemption terms. The static profile records its Canadian Dollar peg mechanism as: Qualified holders can mint and redeem QCAD at 1 CAD through Stablecorp or authorized partners; issuer APIs publish live supply and fiat reserve totals.
Is QCAD safe?
As of Nov 8, 2026, Pharos grades QCAD C- (50/100) 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 is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs QCAD?
Pharos records QCAD's reserves as of May 31, 2026 as 100% Eligible CAD reserve asset basket. Reserve evidence: Examination, latest period ending May 31, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can QCAD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem QCAD?
Under the route Pharos reviewed on May 11, 2026, customers the issuer has verified can redeem QCAD for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
