CADD Stablecoin Now Custodied by Anchorage Digital for Institutional Investors

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CADD stablecoin gains Anchorage Digital custody

Anchorage Digital now offers custody services for CADD, the first Canadian dollar stablecoin issued by a regulated financial institution, Tetra Digital Group.

Summary

  • Anchorage Digital will provide regulated custody for CADD to institutional investors
  • CADD is backed 1:1 by Canadian dollars held at a licensed Canadian trust company
  • The stablecoin is approved by Alberta regulators and designed for on chain CAD settlement

Starting May 22nd, organizations can securely store CADD through Anchorage Digital, a crypto bank that follows federal regulations and provides trusted digital asset services for banks, financial technology companies, and investment firms.

How does CADD’s Anchorage custody change institutional access?

Tetra Digital Group announced that institutions can now securely hold CADD through Anchorage Digital. Anchorage Digital is a federally regulated crypto bank that offers secure digital asset storage for institutions.

Anchorage Digital Bank is a U.S. national trust bank and claims to be the first federally chartered crypto bank. It mainly serves businesses by providing services like securely holding cryptocurrencies, processing transactions, and allowing them to earn rewards through staking.

As a researcher following the digital asset space, I’m pleased to share that institutions can now securely hold CADD through Anchorage Digital. Anchorage Digital is a federally chartered crypto bank – essentially a regulated and trusted custodian – providing the infrastructure for institutions to safely manage their digital assets. CADD itself is notable as Canada’s first regulated stablecoin, issued by…

— Tetra Digital Group (@TetraDigitalGrp) May 22, 2026

CADD allows institutional investors like asset managers and corporations to use and hold a stable version of the Canadian dollar directly within their current systems, avoiding the need for typical cryptocurrency exchanges or managing it themselves.

Each CADD token is directly equivalent to one Canadian dollar, which is securely held in trust at Tetra Trust Company. Tetra Trust is a licensed Canadian trust company that received official approval from the Alberta Treasury Board and Finance to issue this stablecoin through its partner, CAD Digital Inc.

A recent press release from Business Wire announced that CADD is the first stablecoin in Canada backed by a traditional financial institution. This means transactions are settled in Canadian dollars with full regulatory compliance, and the funds backing the stablecoin are held securely in cash and similar assets at Canadian banks.

As a crypto investor, I’m watching Canada’s new rules for stablecoins closely. It looks like they’re heading towards a system where stablecoins *must* be fully backed – meaning for every stablecoin, there needs to be a dollar’s worth of safe, easily sellable assets held in reserve. They also want those tokens redeemable one-to-one for real dollars, and held by trustworthy, regulated custodians. This is good news, as it should build more trust and stability in the stablecoin space.

Why CADD matters for Canadian stablecoin regulation and crypto rails

Tetra Digital Group has launched CADD, a new Canadian payment stablecoin. What makes CADD unique is that it’s fully backed by Canadian dollars – one dollar for every CADD token – and is issued by a licensed and regulated financial institution. This sets it apart from previous Canadian dollar tokens which weren’t subject to the same level of financial oversight.

The company announced that it has received approval from Alberta Treasury Board and Finance, a first in Canada. This allows Canadian dollars to be transferred using blockchain technology within a regulated financial system.

According to BNN Bloomberg, CADD is the first stablecoin issued by a Canadian financial institution. It’s designed to maintain a one-to-one value with the Canadian dollar and is intended for uses such as payments within Canada, managing company funds, and international money transfers.

As a crypto investor, I’m watching Tetra Digital Group’s CADD token with interest. They’ve already launched it on Ethereum, Base, and Tempo, which is great because it gives developers and bigger institutions more options for settling transactions in Canadian dollars. Plus, they’re planning to add support for Solana soon, which will expand those options even further – it’s good to see them building across different blockchains.

Canada is putting the final touches on new rules for stablecoins. These rules will require companies that back their stablecoins with traditional currency to register with the Bank of Canada, keep a one-to-one reserve of funds, and keep customer money separate from their own. Importantly, holding these stablecoins won’t earn any interest.

Anchorage Digital is adding CADD to its services, responding to growing interest from institutional investors. The company recently saw an 80% increase in assets under its care each quarter, as investors looked for more secure options following several crypto company failures.

Tetra Digital Group announced on LinkedIn that their CADD stablecoin is designed as a payment method and is the first of its kind in Canada to be both regulated and issued by a financial institution. They aim for CADD to function as secure, legally compliant digital money within Canada’s financial system.

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2026-05-22 18:33