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Exchange Coinsquare Releases Stablecoin eCAD Backed By Canadian Dollar

Liang CHE

Summary: News from the cryptocurrency exchange Coinsquare said it is launching a stable currency linked to the Canadian dollar (CAD) 1:1. The exchange plans to use its new "eCAD" tokens for cross-border payments and remittances, peer-to-peer loans, commercial payment solutions, and trade settlement and foreign exchange conversion.

News from the cryptocurrency exchange Coinsquare said it is launching a stable currency linked to the Canadian dollar (CAD) 1:1. The exchange plans to use its new "eCAD" tokens for cross-border payments and remittances, peer-to-peer loans, commercial payment solutions, and trade settlement and foreign exchange conversion.

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