The world is ready for a regulated and trusted Canadian stablecoin. Developed and operated by Loon, CADC is the Canadian Dollar Coin, driving the future of financial infrastructure in Canada. A stable, transparent, and regulated payment option for builders, businesses, and institutions, each CADC is fully backed 1:1 by Canadian dollars, held in Canadian banks with regular attestations.

About Loon

Made in Canada, Loon Technology Inc. is a Canadian financial technology company dedicated to building a transparent and trusted Canadian-dollar-backed stablecoin, designed to operate under Canadian regulation. In 2025, the company completed a $3 million CAD pre-seed round led by Version One Ventures, with participation from Garage Capital and a group of strategic Canadian angel investors.

As CADC continues to grow under Loon, the mission remains clear: provide a trusted Canadian stablecoin supporting real-world financial use cases, strengthen digital asset infrastructure in Canada, and enable users to participate in an onchain economy with confidence.  

Committed to creating a trusted Canadian stablecoin, CADC was born with an understanding of the need to provide a responsible and regulatory-aligned option for Canadians. Loon continues to uphold regulatory compliance, adhering to FINTRAC obligations and pre-filing a prospectus with the Alberta Securities Commission. More to come.

This blog, the first of many, launches a new series of regular updates, where we’ll share key milestones, progress reports, highlights of the growing stablecoin ecosystem, and how CADC leads the way.

CADC is excited to build with more communities, partners, businesses, and institutions that contribute to the future of digital infrastructure in Canada.

Website: https://loon.finance/
Contact: media@loon.finance