CAD Coin (CADC): Uses, Supply and Risks

CAD Coin, ticker CADC, is described publicly as a stablecoin intended to track the Canadian dollar. Public descriptions identify Paytrie AB Inc. as its issuer and say CADC is redeemable one-for-one for Canadian dollars. The stated purpose is to represent CAD on blockchains, where it may be used for transfers or other supported digital-asset transactions. Those descriptions explain the intended design; they do not by themselves establish that every holder can redeem directly, or show the terms, timing, fees, and checks that may apply.

CADC is not the same thing as Canada’s physical currency or a deposit account. Its value depends on the issuer’s ability to maintain the peg and honor redemptions, as well as on trading and liquidity across the venues where it is available. Treat the peg as a design goal rather than a guarantee that the token can always be exchanged immediately for exactly one Canadian dollar.

As of 2026-11-05, the reported circulating and total supply was about 325,984 CADC, with no maximum supply listed. The reported market capitalization and fully diluted valuation were each about US$233,000, and 24-hour trading volume was about US$40,000. These are dated market snapshots, not fixed properties of the token; supply, trading activity, and valuation can change. CADC’s quoted price was about US$0.71 on that date. Since CADC is intended to track the Canadian dollar, a USD quote will also reflect the exchange rate between Canadian and US dollars, alongside market conditions and the source of the quote.

The token has traded at different values over time, so a stablecoin label should not be taken to mean its market price never moves. The reported historical high was US$1.48 on 2022-09-13, while the reported low was about US$0.0094 on 2026-08-26. Historical extremes do not predict future prices or establish whether redemption is currently available.

CADC is reported as issued on Ethereum, Polygon, Solana, and Base. It is not identified here as the native token of any of those networks; instead, it is a token available on several chains. The same ticker across networks does not mean the tokens are interchangeable automatically. Transfers between chains may depend on a bridge or another service, and the process can introduce additional fees and technical risks.

Before receiving or sending CADC, confirm that the wallet, exchange, or dApp supports the exact network you plan to use. Check the token’s contract or token identifier through a trusted source and compare it with the one shown by the service you are using. Sending a token on an unsupported network, or using an incorrect token identifier, can make funds difficult or impossible to recover. Availability on a chain also does not guarantee that CADC has deep liquidity or can be redeemed there.

CADC carries issuer and reserve risk: the peg depends on the arrangements behind issuance and redemption, and public descriptions alone do not confirm current reserve balances or the details of redemption access. Other risks include thin trading, price deviations from the intended peg, changes in issuer operations, and software, network, or bridge failures. Review current issuer information and redemption terms before relying on CADC for payments or holding a significant balance. Do not assume that a token described as redeemable will be redeemable by every person in every location or through every platform.

For storage, use a wallet that supports CADC on the specific chain you choose, and protect its recovery phrase offline. A hardware wallet can reduce exposure to some online threats, but it does not remove issuer, peg, or network risks. Keep recovery details private, test a small transfer when appropriate, and check the destination network before confirming a transaction. A custodial exchange may hold the keys for you, but this adds reliance on that provider and its withdrawal and redemption policies.