Canadian Stablecoin: Tetra Digital Raises $10M for Digital Dollar Launch

ByAInvest

Wednesday, Sep 10, 2025 4:11 am ET1min read

Tetra Digital, a Calgary-based finance company, has raised $10 million to launch a Canadian stablecoin, backed by Shopify, Wealthsimple, and National Bank. The stablecoin is a digital replica of the Canadian dollar linked to a blockchain system, aiming to provide faster and more secure transactions than traditional banking systems. The company plans to meet what it believes is a looming demand for digital assets, transforming the way Canadians exchange money and pay for online purchases.

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Canadian Stablecoin: Tetra Digital Raises $10M for Digital Dollar Launch

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