What has been tokenized in Canada — bonds and Canadian-dollar stablecoins?
Export Development Canada — EDC tokenized bond (Project Samara) (C$100 million). 4 Canadian-dollar stablecoins in circulation: CADC $1,229,197, CADD $743,167, CADM $485, QCAD $1,239,288. All of them are small next to the US-dollar coins — the Canadian market for on-chain dollars is still measured in millions, not billions.
Canada has no register of tokenized securities. What can be traced is the issuers’ own announcements — Export Development Canada, the federal export credit agency, issued a tokenized bond under Project Samara — and the Canadian-dollar stablecoins, whose supply can be read on chain. Canadian securities regulators treat most stablecoins as securities or derivatives and have set terms for “value-referenced crypto assets” that trading platforms may offer.
Figures from our live dataset · page generated 2026-10-18 · not investment advice
| Token | Issuer | Yield / return | Minimum | KYC to buy | Chain |
|---|---|---|---|---|---|
| CA-EDC-SAMARA-2026 Export Development Canada — EDC tokenized bond (Project Samara) | Export Development Canada | Coupon not stated | — | Not stated | Samara Platform (Hyperledger Fabric |
| CADC CAD Coin | — | No yield | — | Not stated | Base / Ethereum / Polygon (+1) |
| CADD CAD Digital | — | No yield | — | Not stated | Ethereum / Base |
| CADM Mento Canadian Dollar | — | No yield | — | Not stated | Celo |
| QCAD Stablecorp QCAD | — | No yield | — | Not stated | Ethereum / Solana / Base |
Side by side
| CA-EDC-SAMARA-2026 | CADC | CADD | CADM | QCAD | |
|---|---|---|---|---|---|
| Liquidity | Institutional placement | Traded on public markets — venues not verified | Traded on public markets — venues not verified | Traded on public markets — venues not verified | Traded on public markets — venues not verified |
| KYC to mint with the issuer | Not stated | Not stated | Not stated | Not stated | Not stated |
| KYC to buy on a market | Not stated | Not stated | Not stated | Not stated | Not stated |
| KYC to redeem | Not stated | Not stated | Not stated | Not stated | Not stated |
| Assets under management | C$100 million | $1,229,197 circulating | $743,167 circulating | $485 circulating | $1,239,288 circulating |
| Jurisdiction | Canada | Canada | Canada | Canada | Canada |
| How to buy | Institutional offering through the arranging banks | — | — | — | — |
How to choose
The EDC bond is sovereign-agency credit held through a bank; the stablecoins are payment tokens whose value rests on their issuer’s reserves — read each issuer’s reserve report before holding one.
More questions
Is there a Canadian register of tokenized securities?
No. Securities are regulated by the provinces, and none publishes a list of tokenized issues. Instruments here come from the issuer’s own announcement or from on-chain supply.
Which of them can I buy without KYC?
None of them is stated as buyable without KYC.
Which is the largest?
By size, CA-EDC-SAMARA-2026 at $100M, followed by QCAD at $1M and CADC at $1M. Size is not safety, but a larger product usually means a deeper market to sell into.