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Canadian digital technology and financial services provider Tetra Trust launches the CAD-pegged stablecoin CADD, with a 1:1 peg to the Canadian dollar, approved by the Alberta Treasury Board and Department of Finance; the project is supported by organizations such as Shopify and the National Bank of Canada. Tetra states that CADD is Canada's first Canadian dollar stablecoin issued by a regulated financial institution, with reserve assets held in trust under Canadian legal frameworks and used for redemption. The token has been deployed on Base, Ethereum, and Tempo, with plans to support Solana in the future. (CoinDesk)