VersaBank Partners with Stablecorp to Custody QCAD Stablecoin
ByAinvest
Tuesday, Feb 3, 2026 6:31 pm ET1min read
VBNK--
VersaBank has signed a deal to act as custodian for QCAD, a Canadian-dollar-pegged stablecoin from Stablecorp Digital Currencies. The agreement will allow VersaBank to hold and safeguard the reserve assets backing QCAD and earn custody fees. This move reinforces QCAD's narrative as a compliant, bank-grade Canadian dollar rail for cross-border payments and DeFi. It also adds credibility to Stablecorp's investor base and could help shape future rules around CAD-pegged tokens.
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