Story perspectives

Deloitte Partners with Stablecorp to Advance Canadian Stablecoin Infrastructure

3/25/2026

Summary

Story summary

Deloitte Canada partnered with Toronto-based fintech Stablecorp to develop stablecoin infrastructure for Canadian financial institutions.
The effort targets integrating Stablecorp's QCAD into payment and settlement systems.
The project supports banks ahead of Bill C-15, which proposes a regulatory framework for stablecoins.
Benefits include 24/7 payments, faster settlements, and greater transaction transparency.
Both companies say the collaboration could boost innovation in Canada’s financial landscape.

History

Historical Context

The Canadian Payments Act, enacted in 2001, established a framework for modernizing payment systems, enabling organizations like the Bank of Canada to enhance electronic transactions, which grew by 20% annually. In 2015, Payments Canada initiated a strategic plan to modernize payment systems. Today, Deloitte Canada and Stablecorp's partnership aims to integrate stablecoin QCAD, potentially transforming Canada's financial landscape and promoting innovation in digital transactions.

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Story summary

Deloitte Canada partnered with Toronto-based fintech Stablecorp to develop stablecoin infrastructure for Canadian financial institutions.
The effort targets integrating Stablecorp's QCAD into payment and settlement systems.
The project supports banks ahead of Bill C-15, which proposes a regulatory framework for stablecoins.
Benefits include 24/7 payments, faster settlements, and greater transaction transparency.
Both companies say the collaboration could boost innovation in Canada’s financial landscape.

1 / 2