Shopify and National Bank of Canada are among backers of a new digital currency built to settle trades 24/7

Tetra Trust's new stablecoin, CADD, is aimed at institutional use for 24/7 cross-border settlement, real-time corporate treasury, and direct fintech transfers, replacing legacy batch systems. What to know : Tetra Trust launched CADD, the first CAD-pegged stablecoin from a regulated Canadian financial institution, approved by Alberta Treasury Board and Finance. CADD is aimed at institutional use for 24/7 cross-border settlement, real-time corporate treasury, and direct fintech transfers, replacing old batch systems. The token is live on Base, Ethereum, and Tempo, with Solana support planned. Its launch is backed by a consortium including Shopify and the National Bank of Canada.