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Stablecorp secures funding to enhance its CAD-pegged stablecoin
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Stablecorp secures funding to enhance its CAD-pegged stablecoin
Toronto-based Stablecorp has secured $1.8-million USD ($2.5-million CAD) to “significantly enhance the feature set and structure” of QCAD, its stablecoin pegged to the Canadian dollar. The strategic growth capital comes from the venture arm of the international crypto exchange Coinbase, Side Door Ventures, and “certain other existing investors,” the company said in a statement, adding that the investors have also received warrants to purchase a…
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