Canadian Dollar-Pegged Stablecoin ‘eCAD’ Can Avoid Tether’s Fate

By CCN.com: Canadian cryptocurrency exchange Coinsquare has announced plans to launch a CAD-pegged stablecoin. To be known as the eCAD, the stablecoin will be exchanged for the Canadian dollar on a 1:1 basis. The eCAD is expected to breathe life into Canada’s crypto markets and beyond according to Coinsquare’s CEO, Cole Diamond: The launch of eCAD™ will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of insta