Deloitte collaborates with Stablecorp to build stablecoin payment infrastructure for Canadian institutional clients

DeepFlowTech · 2026-03-24T00:31:12+00:00

Deloitte Canada partners with Stablecorp to integrate its Canadian dollar-pegged stablecoin QCAD into institutional payment and settlement processes to support stablecoin adoption by financial institutions. Both parties aim to help institutions prepare technologically ahead of regulatory implementation, with use cases including around-the-clock payments and transaction transparency.

DeepFlowTech

2026-03-24 00:31:12

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Deep Tide TechFlow News, March 24 — According to Cointelegraph, Deloitte Canada announced a partnership with Stablecorp, planning to integrate the CAD-pegged stablecoin QCAD issued by Stablecorp into the payment and settlement processes for institutional clients, providing infrastructure support for stablecoin applications for financial institutions such as Canadian banks.

Stablecorp is a Toronto-based fintech company, and QCAD is its fiat-backed stablecoin, maintaining a 1:1 peg with the Canadian dollar. Soumak Chatterjee, partner at Deloitte Canada’s Financial Services division, stated that this collaboration aims to help institutions complete technical preparations before the regulatory framework is in place. Potential application scenarios listed include 24/7 payments, improved settlement efficiency, and transaction transparency through blockchain records. Currently, the list of partner banks and the rollout schedule have not been disclosed.

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