Coinbase Embraces QCAD: Broadening Cryptocurrency Horizons

Notably, QCAD distinguishes itself among previously listed altcoins as a stablecoin firmly tied to the Canadian dollar. The objective of the token’s issuing company is to generate income through the interest earned in Canadian dollars when users obtain QCAD tokens. Although Coinbase’s official statement confirms the endorsement of QCAD on the Ethereum network, transactions can also take place on the Stellar and Algorand networks under regular circumstances.