The official launch of QCAD, Stablecorp’s Canadian dollar stablecoin, to the Arc Testnet on StableFX is a major milestone in building robust, institutional-grade foreign exchange infrastructure directly onchain. At the same time, this integration brings native CAD-denominated stablecoin capabilities to USDC in the Arc ecosystem, empowering developers and institutions with programmable FX flows between the Canadian dollar and Dollar on-chain. As part of the announcement, it is noted that StableFX will allow near-real-time, atomic settlement between liquidity pools for CAD and USD, possibly lessening the friction associated with cross-border foreign exchange infrastructure. This rollout is also indicative of the wider
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