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Canada launches first regulated CAD-backed stablecoin by financial institution

Others
04 May 2026
GlobeNewsWire
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Bullish
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Urbana Corporation congratulates CAD Digital Inc., a Tetra Digital Group subsidiary, on launching Canada's first regulated Canadian-dollar stablecoin. This stablecoin is fully backed 1:1 by Canadian dollars and approved by Alberta Treasury Board and Finance, marking a national milestone in digital asset infrastructure. Tetra Digital, with its strong background in digital asset custody and financial services, is pioneering blockchain-based Canadian dollar transactions under regulatory oversight. Urbana owns about 47% of Tetra Digital and supports its innovative digital finance initiatives.

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Taco Bell Canada launches Crispy Chicken Nuggets and new Mountain Dew Baja Midnight flavor after 20 years.

Taco Bell Canada launches Crispy Chicken Nuggets and new Mountain Dew Baja Midnight flavor after 20 years.

Taco Bell Canada introduced two new menu items: Crispy Chicken Nuggets with a Jalapeño Honey Mustard sauce, and Mountain Dew Baja Midnight, the first new Mountain Dew Baja Blast flavor in over 20 years. The nuggets feature all-white meat with Mexican...

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VERAXA Biotech advances cancer therapy pipeline focusing on BiTAC technology and seeks partnerships.

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VERAXA Biotech updated on its progress in developing novel cancer therapies using its proprietary BiTAC platform, focusing on conditionally active T cell engagers and bispecific antibody-drug conjugates. The company plans to prioritize investment in ...

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Nexans and Hydro sign 5-year deal for 85,000 tonnes of low-carbon aluminium to support Europe's grid upgrade

Nexans and Hydro sign 5-year deal for 85,000 tonnes of low-carbon aluminium to support Europe's grid upgrade

Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...

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1 hour ago
Nexans and Hydro sign 5-year deal for low-carbon aluminum to modernize Europe's power grid

Nexans and Hydro sign 5-year deal for low-carbon aluminum to modernize Europe's power grid

Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...

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1 hour ago
Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex secures $100M investment from Kazakhstan's iHolding to boost non-opioid pain product growth.

Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...

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