DeFi Technologies backs Stablecorp with QCAD investment

September 26, 2025

DeFi Technologies has announced a strategic investment in Canada-based Stablecorp, the company behind the QCAD Canadian-dollar stablecoin.

The partnership is designed to scale QCAD’s adoption and strengthen its role in the digital payments ecosystem.

The investment sees DeFi Technologies join Coinbase Ventures, Circle Ventures, Side Door Ventures and other leaders in the digital finance space who already back Stablecorp.

The financial details of the transaction have not been disclosed.

Stablecorp, a Canadian FinTech company, focuses on building digital money infrastructure for global payments. Its flagship product, QCAD, is designed to provide a compliant, CAD-denominated digital asset that can be embedded into financial products and services through its APIs.

With this new partnership, DeFi Technologies intends to use QCAD as the foundation for developing integrated products through its subsidiary Valour, improve liquidity access via Stillman Digital for minting and redemption, and advance a post-quantum security roadmap in collaboration with BTQ. These initiatives are aimed at expanding the market for CAD stablecoins across areas such as e-commerce, cross-border trade, payroll, and treasury operations.

Stablecorp CEO Kesem Frank said, “We were impressed with the vision and capabilities of the DeFi group, and are excited to collaborate on scaling QCAD’s utility in the regulated payments space”.

DeFi Technologies CEO Olivier Roussy Newton said, “QCAD adds practical Canadian-dollar rails to digital markets. Our collaboration with Stablecorp is about building useful CAD-based products, deepening institutional liquidity, and planning for advanced security as usage grows.”