Blockchain
BVCI Launched the first commercial bank backed Canadian Digital Currency – CADT, with Support from Concentra Trust

Blockchain Venture Capital Inc. (BVCI) is excited to announce the launch of CADT, a new digital currency in Canada, with the support of custodial services from Concentra Trust.
Leveraging BVCI’s proprietary blockchain technology, CADT is a stable currency anchored to the Canadian dollar. CADT is distinct from the cryptocurrency, stable currency and centralized micropayment options currently available, in that users can exchange and redeem CADT into Canadian dollars, and vice versa. CADT incorporates many of the advantages offered by traditional payment options, including currency stabilization, payment, clearing and settlement features.
Users can access this contactless payment platform through the BvcPay mobile App, available for Apple and Android. The App functions as a decentralized digital asset wallet, serves as a blockchain explorer, and supports the ability to exchange CADT into Canadian Dollars by linking to bank accounts. It can also facilitate interchange with other digital currencies.
BVCI has established partnership with a few consultants and industry leaders who will bring large clients in various sectors. BVCI also reached cooperation agreements with food delivery platforms, film, television production and media companies, in the process of negotiating with conventional POS processing companies, real estate developers, large retailers and shopping malls, trade unions, and charitable organizations.
“Concentra Trust is excited to support BVCI with our custodial expertise to bring CADT to market,” said Martha Moen, Head of Concentra Trust. “With the launch of a constant-value, safe, stable, traceable digital payment option, BVCI is enabling Canadians to transfer and transact with digital assets, whether they make small day-to-day purchases or larger transactions, such as paying for coffee or a real estate down payment.”
- 100% Asset-Backed: Each CADT is backed by a Canadian dollar held in custody by Concentra Trust.
- Transparency: All CADT issued and corresponding Canadian dollars are reconciled and published daily.
- Secure and Trusted: BVCI is a financial services company incorporated in Ontario and supported by industry-leading advisors who have extensive digital asset brokerage experience.
- Real-Time: Clients are able to use BvcPay App to submit digital transactions 24/7/365, with our technology of processing thousands of transactions per second.
- Low fees: BvcPay offers 0 fee for wallet to wallet transactions, and much lower clearing fees than other payment systems.
“Likewise, a bank may use stable currencies to facilitate payment transactions for customers on an INVN, including by issuing a stable currency, and exchanging that stable currency for fiat currency. In this context, stable currencies function as a mechanism of payment, in the same way that debit cards, checks, and electronically stored value (ESV) systems convey payment instructions. Banks have long used cashiers’ checks, traveller’s’ checks, and other bearer instruments as a means of facilitating cashless payments.” said in Interpretive Letter 1174 from OCC Chief Counsel’s Interpretation on National Bank and Federal Savings Association Authority to Use Independent Node Verification Networks and stable currencys for Payment Activities on Jan 4th, 2021.
Blockchain
Blaqclouds Announces the Launch of DineWithCrypto.io, Revolutionizing Dining with Cryptocurrency Payments
Blockchain
Blaqclouds Announces Strong Growth for BitNotify.io and Unveils New ZEUS Wallet-to-Wallet Encrypted Messaging Feature
Blockchain
Europe Gift Card and Incentive Card Report 2025: Market to Grow by 8.5% to Reach $78.9 Billion this Year – Future Growth Dynamics to 2029

European Gift Card and Incentive Card Market
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – March 27, 2025 | The Blockchain Group, AI Pioneer Marketplace, BRICS Payment, Futurist Conference, SCM Logistics
-
Blockchain Press Releases4 days ago
Why Are There No New Users in the Crypto Market? How Multi-Asset Trading Wallet BiyaPay Is Finding New Solutions Amidst Fierce Competition and User Confusion ?
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – March 31, 2025: Featuring Fnality, Jho Low, CGI National Bank of Canada, Skuchain, Hong Kong Tokenized Funds, and Alabama Crypto Regulations
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 1, 2025 Featuring: Ambient Blockchain, HashSphere, Musk’s Blockchain Voting, Jackson IO Staking Model, Hedera-Powered HashSphere
-
Blockchain2 days ago
Blocks & Headlines: Today in Blockchain – April 2, 2025 | Featuring Ambient, Blockchain Association, Beyond Medical Technologies, and UK Trade Bodies
-
Blockchain Press Releases4 days ago
MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users
-
Blockchain Press Releases4 days ago
K9 Finance DAO Joins Google for Startups Cloud Program
-
Blockchain4 days ago
Investview, Inc. (“INVU”) Reports Full Year 2024 Financial Results, Operational Highlights and a Year-End Message from the CEO