Tetra Trust has launched CADD, a new stablecoin backed by Shopify and National Bank of Canada among other supporters, designed to enable 24/7 cross-border settlement and real-time institutional transactions. The digital currency targets institutional users seeking to replace legacy batch settlement systems with direct, continuous fintech transfers and corporate treasury management.
CADD is positioned as a stablecoin built specifically for institutional use cases. According to the source material, the currency enables three primary functions: 24/7 cross-border settlement, real-time corporate treasury operations, and direct fintech transfers. These capabilities are designed to modernize settlement infrastructure that currently relies on batch processing systems with limited operating windows.
The stablecoin addresses institutional demand for continuous settlement capability. By enabling 24/7 transaction settlement, CADD eliminates delays inherent in traditional banking hours and batch-based systems. Real-time corporate treasury functionality allows institutional clients to manage cash positions without settlement delays, while direct fintech transfers streamline movement of funds between financial technology platforms and traditional institutions.
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