Tetra Trust has launched CADD, a new stablecoin backed by institutional investors including Shopify and National Bank of Canada. The stablecoin is designed for 24/7 cross-border settlement, real-time corporate treasury management, and direct fintech transfers, according to the announcement.
Institutional Use Cases
CADD targets institutional users seeking to replace legacy batch settlement systems. The stablecoin enables continuous cross-border transaction settlement without the delays inherent in traditional banking infrastructure. Key use cases include real-time corporate treasury operations and direct transfers between fintech platforms, positioning CADD as an alternative to conventional settlement methods.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Telegram founder Durov: Will take over TON within 2-3 weeks; Telegram will become the largest validator
Durov announced that within 2–3 weeks, Telegram will take over TON governance, becoming the main driver and the largest validator to complete MTONGA Step 3. The first two steps are Catchain 2.0 and reducing transaction fees to nearly zero. This move means Telegram directly controls governance and deeply integrates with the TON ecosystem; the subsequent focus is developments such as the foundation’s arrangements and the launch of new ton.org tools.
ChainNewsAbmedia3h ago
Agent Work Protocol Token AWP Surges Over 300% in 24 Hours; Ardinals Inscription Subnet Launches
According to on-chain data, the native token AWP of Agent Work Protocol surged over 300% in 24 hours on May 4. AWP is a work protocol for AI Agents, featuring 100% fair launch with no VC allocation, team reserve, or presale; all tokens are distributed via protocol emission. The protocol has
GateNews3h ago
Telegram Replaces TON Foundation as Main Driver, Becomes Largest Validator on May 4
According to Pavel Durov's statement on May 4, Telegram founder announced that Telegram will replace the TON Foundation as the primary driver behind TON and become its largest validator. Durov noted that TON's transaction fees have decreased by 6 times, bringing costs nearly to zero. The
GateNews3h ago
Western Union Launches USDPT Stablecoin on Solana, Issued by Anchorage Digital Bank
According to its statement on Monday, Western Union launched USDPT, a U.S. dollar-backed stablecoin on the Solana blockchain designed to enable 24/7 cross-border settlements across its network spanning more than 200 countries. The token will be issued by Anchorage Digital Bank N.A., the first federa
GateNews6h ago
Pi Network Launches Protocol 23 Upgrade by May 15, Unlocking 184.5M PI Tokens
According to Nghien Crypto, Pi Network is rolling out Protocol 23 upgrade with a May 15 deadline, activating smart contracts and PiDex (native DEX) on the network. The upgrade introduces a Launchpad for token launches and anti-spam token vetting. All mainnet nodes must upgrade to stay
GateNews10h ago
Exodus Movement Holds $46.7M in BTC and ETH, $74.4M Cash as of Q1 2026
According to PANews, Exodus Movement (NYSE American: EXOD) released its Q1 2026 preliminary earnings on May 4, reporting revenue of approximately $22.7 million, down 36.9% year-over-year. The self-custody crypto platform holds $46.7 million in digital assets, comprising 628 Bitcoin ($42.8 million) a
GateNews11h ago
