Tetra Trust has launched CADD, a new stablecoin designed for institutional use in 24/7 cross-border settlement and real-time corporate treasury operations. The stablecoin is backed by Shopify and the National Bank of Canada, among other backers. CADD aims to replace legacy batch settlement systems with direct fintech transfers.
Institutional Use Cases
CADD is built to address three core institutional needs: 24/7 cross-border settlement, real-time corporate treasury management, and direct fintech transfers. The stablecoin replaces traditional batch processing systems that operate on limited schedules, enabling continuous transaction settlement.
Backers
Shopify and the National Bank of Canada are among the institutional backers supporting Tetra Trust’s CADD stablecoin initiative.
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