CAD Coin (CADC) stablecoin analytics
Answer First
What is CAD Coin (CADC)?
CADC is Loon's centralized Canadian dollar stablecoin, redeemable 1:1 against CAD held in trust at a FINTRAC-regulated Canadian institution. The static profile records its Canadian Dollar peg mechanism as: Direct 1:1 redemption for CAD through Loon (FINTRAC-registered MSB, formerly issued by PayTrie); CADC is burned on redemption and minted on deposit
Is CADC safe?
CADC holds a C+ Safety Score grade (61/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says CAD Coin uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Monthly scanned ATB Financial bank-confirmation forms for PayTrie AB Inc (the August 2026 form names no requesting accountant, supplies no accountant's opinion, and contains no CADC circulation or liability reconciliation); 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 Coin (CADC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Canadian Dollar.
AI summary / Updated Sep 7, 2026
CADC has been the on-chain loonie since 2021, with FINTRAC registration as an MSB under the Loon brand, 1:1 redemption against CAD held in trust at ATB Financial, and deployment across six chains including Solana. Its reach is broader than most local-currency stablecoins despite modest circulation.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: DLA Piper: Canada enacts stablecoin framework in Bill C-15 (April 2026)
- Collateral
- Canadian-dollar cash held 1:1 in segregated accounts at ATB Financial, in trust for CADC holders
- Peg Mechanism
- Direct 1:1 redemption for CAD through Loon (FINTRAC-registered MSB, formerly issued by PayTrie); CADC is burned on redemption and minted on deposit
- Jurisdiction
- Canada / FINTRAC / FINTRAC MSB registration C10001420 (Loon Payments Inc.; registration, not a licence)
- Proof Of Reserves
- Self-Reported PoR by Monthly scanned ATB Financial bank-confirmation forms for PayTrie AB Inc (the August 2026 form names no requesting accountant, supplies no accountant's opinion, and contains no CADC circulation or liability reconciliation) Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety cadc-cad-coin
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.
CADC quick answers
What is CAD Coin (CADC)?
CADC is Loon's centralized Canadian dollar stablecoin, redeemable 1:1 against CAD held in trust at a FINTRAC-regulated Canadian institution. The static profile records its Canadian Dollar peg mechanism as: Direct 1:1 redemption for CAD through Loon (FINTRAC-registered MSB, formerly issued by PayTrie); CADC is burned on redemption and minted on deposit
Is CADC safe?
CADC holds a C+ Safety Score grade (61/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says CAD Coin uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Monthly scanned ATB Financial bank-confirmation forms for PayTrie AB Inc (the August 2026 form names no requesting accountant, supplies no accountant's opinion, and contains no CADC circulation or liability reconciliation); 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 CADC?
Pharos classifies CADC backing as Real-World Asset Backed. Collateral, per the static profile: Canadian-dollar cash held 1:1 in segregated accounts at ATB Financial, in trust for CADC holders Reserve evidence: Self-Reported PoR from Monthly scanned ATB Financial bank-confirmation forms for PayTrie AB Inc (the August 2026 form names no requesting accountant, supplies no accountant's opinion, and contains no CADC circulation or liability reconciliation).
Can CADC 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 CADC, when applicable, appear in the dossier below.
