About
Effortless and compliant digital transfers for the next generation of finance
Loon is the institutional platform for CADC, a 1:1 Canadian dollar stablecoin with FINTRAC compliance, verifiable reserves and regular attestations. CADC provides instant, low‑cost, multi‑chain settlement and institutional‑grade custody for businesses and individuals, enabling fast (avg. 3s) cross‑border transfers, regulatory certainty in Canada, and growing partner integrations.
Use Cases
Cross-Border Business Payments
Businesses use CADC for instant, low-cost, cross-border transactions with regulatory certainty and fast settlement in Canada.
Institutional Treasury Management
Institutions manage CADC holdings with verifiable reserves and compliance tomaintain liquidity and regulatory adherence.
Individual Fast Digital Wallet Transfers
Individuals transfer CADC quickly across multiple chains for everyday paymentsor remittances respecting Canadian compliance.
Partner Integration for Payment Platforms
Payment platforms integrate CADC to offer users instant Canadian dollarsettlements and multi-chain accessibility.
Key Features
Product & Technical Innovations in Web3
- Regulated CAD stablecoin: CADC is presented as a Canadian-dollar stablecoinoperating within Canadian regulatory frameworks and described as 1:1 backed withverified reserves.
- Fast settlement & multi-chain: Average settlement ~3s and support formulti-chain access and common wallets (e.g., MetaMask, Base) to enable rapidon-chain transfers.
- Verifiable reserves & security: Claims of 100% backed reserves, a ReserveRatio of ~101%, regular attestations, and institutional-grade custody for holdings.
- Low-cost blockchain rails: Transactions are framed as costing cents,positioning blockchain-based transfers to replace slower, higher-cost bankingrails.
- On-chain metrics & integrations: Public metrics cited include $200M+ totalon-chain volume and $1M+ TVL in verified CAD reserves, plus partner integrationsand dApp support.
Market Impact, Compliance & Stablecoin Operations
- Canada-focused compliance: The product is positioned for the Canadian marketwith statements of FINTRAC compliance and regulatory clarity for institutionalusers.
- Institutional adoption & funding: The site references institutional partners(listed as five partners) and notes a $3M pre-seed round led by Version OneVentures.
- Operational transparency: The company publishes reserve verifications andtransparency/legal pages and claims no regulatory incidents.
- Payments & settlement use cases: Emphasized use cases include 24/7cross-border settlements in seconds with low fees for businesses, partners, andindividuals.
- Custody & partner services: Described institutional-grade custody formint/redemption flows and a partner program for settlement and liquidity ("CADCfor Partners").