Transactix Monetary Inc. at this time launched a brand new kind of digital forex, linked to the worth of the Canadian greenback, that offers companies, shoppers, and monetary companions a safe, environment friendly, and programmable strategy to make and settle for funds and settlements. Referred to as CADX™, this monetary innovation is engineered to carry the velocity and flexibility of blockchain know-how to funds.
CADX is a Canadian dollar-backed stablecoin – a kind of cryptocurrency that mitigates volatility by having a reserve of a sovereign forex, on this case the Canadian greenback, to assist the worth of the cryptocurrency. CADX is absolutely backed by $50 million in Canadian property. It will likely be delivered to the market utilizing Transactix’s superior Stablecoin-as-a-Service platform, an modern infrastructure that has already supported greater than $100 billion (US) in international digital transactions.
“CADX is greater than a digital asset—it’s a catalyst for monetary innovation in Canada,” stated Transactix CEO Ali Abou Daya. “By combining strong asset backing, regulatory compliance and superior know-how, we’re empowering Canadians and our companions to take part within the digital financial system with extraordinary confidence.”
Others within the Canadian digital funds system are lauding CADX.
“The launch of CADX is a significant step towards a extra aggressive digital funds ecosystem in Canada,” stated Alex Vronces, Government Director of Fintechs Canada. “Stablecoins provide a reputable different to legacy programs. Once they’re constructed to be safe, low-cost, and compliant, they will broaden selection and shift energy towards customers—one thing our monetary system sorely wants.”
Calgary-based Transactix made the announcement at Consensus 2025, one of many cryptocurrency world’s most prestigious worldwide occasions. Audio system on the occasion embrace Eric Trump, Kevin O’leary, and Robert Hines, the Government Director of the President’s Council of Advisors for Digital Belongings on the White Home.
A New Alternative for Canadian Finance
CADX provides a transformative alternative for Transactix and its ecosystem
- For Prospects: CADX gives quicker, lower-cost transactions and the flexibility to make use of Canadian greenback stablecoins in a rising vary of functions, from payroll to cross-border remittances and decentralized finance.
- For Companions: Monetary establishments, fintechs, companies, and fee service suppliers can leverage the Stablecoin-as-a-Service platform to combine CADX into their choices, unlocking new income streams and modern monetary merchandise.
- For Transactix: The launch positions Transactix on the forefront of Canadian digital finance, enabling the corporate to form the way forward for programmable cash and digital funds infrastructure.
Transactix Stablecoin-as-a-Service: Patent-Backed Freedom to Function
Transactix’s Stablecoin-as-a-Service is underpinned by an unparalleled and formidable Canadian patent portfolio. This mental property basis gives companions who want to launch their very own stablecoin the essential freedom to function as a part of the Transactix service mannequin. By leveraging this strong patent protection, companions can confidently innovate and deploy new stablecoins inside a safe, compliant, and future-ready ecosystem.
Canada’s Stablecoin Market: Poised for Progress
Canada stands at a crossroads in stablecoin adoption. Whereas the nation has been a worldwide innovator in blockchain know-how, regulatory uncertainty has slowed the rollout of CAD-backed stablecoins. Current regulatory modifications have clarified necessities for stablecoin issuers, with fiat-backed stablecoins now being topic to securities regulatory oversight. Regardless of these challenges, the demand for stablecoins in Canada is rising, pushed by the necessity for quicker, extra environment friendly fee options and the will for a fee mechanism that may compete globally.
About Transactix
Transactix is enabling people and corporations to alternate cash, cryptocurrencies, loyalty rewards, credit, and extra—immediately, securely, and at a decrease value, usually lower than the price of sending a textual content message. Its revolutionary Open Worth Community™ and Stablecoin-as-a-Service are establishing a brand new benchmark for velocity, affordability, and accessibility with compliance within the digital financial system powered by a confirmed infrastructure already processing over $100 billion (US) in transactions. www.transactix.ca.
Consideration Media and Analyst
Transactix can be holding a media scrum and reception at Consensus 2025 to debate the CADX launch at 3:30 pm EDT at this time in Room MR 704. All media, analysts, and social media influencers are invited to attend.
Media Equipment:
