The CADD stablecoin, Tetra Digital Group’s Canadian dollar token, went live on 7 October 2026 as a funding option in RPass, RemitBee’s global business payments platform, letting businesses fund international payments in digital Canadian dollars and pay recipients in local currency across more than 100 countries. RemitBee and Tetra describe it as the first global off-ramp for CADD.

How the CADD stablecoin works inside RPass

Businesses using RPass can now fund eligible international payments with the CADD stablecoin, according to the joint release on Business Wire. RPass handles foreign exchange through its own liquidity infrastructure and delivers funds through local rails including bank deposits, mobile wallets and cash pickup. The companies say RPass reaches more than 4 billion bank accounts through more than 1,000 local payout methods.

RPass is sold as a single API, so fintechs and businesses can embed CADD-funded international payments into their own products. RemitBee says the service is live and is initially onboarding payment providers, marketplaces, payroll platforms, and importers and exporters with significant cross-border payment needs. RemitBee has published further detail on its own news page.

RPass is built on more than a decade of RemitBee’s consumer remittance business, and its banking, liquidity, compliance and payout relationships come from that history.

Where CADD came from

The CADD stablecoin launched in May 2026 as Canada’s first Canadian dollar-backed stablecoin issued by a regulated financial institution, according to the release. Tetra Digital Group also operates Tetra Trust, a licensed Canadian trust company providing qualified digital asset custody.

Fintechbits covered CADD’s first major distribution deal, when Berkeley Payment Solutions agreed to embed the CADD stablecoin across more than 500 corporate, government and institutional clients. The Berkeley deal was about getting businesses to hold CADD. The RPass deal is about converting it into other currencies abroad, which tends to be the harder problem for a non-dollar stablecoin.

The problem RPass solves

Stablecoin payment activity remains heavily concentrated in US dollar tokens, as the release notes, and that creates an extra step for Canadian businesses. A company holding Canadian dollars that wants to pay a supplier in Mexico or the Philippines over stablecoin rails has typically had to convert to a US dollar token first, then convert again at the other end. The CADD stablecoin and RPass are pitched as a direct path from Canadian dollars to the recipient’s currency, with RPass managing the FX.

Yogi Yoganathan, CEO of RPass, put the problem plainly: “Stablecoins have solved how value moves on-chain, but a token is only as useful as the places it can go.” Didier Lavallée, CEO of Tetra Digital Group, called the integration an important step in expanding where the Canadian dollar can move digitally.

The release cites Juniper Research projections that cross-border B2B stablecoin payments will grow from $13.4 billion in 2026 to $5 trillion by 2035. Forecasts covering nine years and a growth multiple in the hundreds should be treated as directional at best.

Fintechbits analysis

Why the CADD stablecoin needs payout partners more than issuers

The CADD stablecoin’s success depends on payout partners like RPass far more than on Tetra’s issuance. Fintechbits’ view is that non-dollar stablecoins rise or fall on where they can be spent and redeemed, and the token design matters much less. A Canadian dollar token that can only be held, or converted back to Canadian dollars at home, does little that a bank account cannot. Being able to pay a supplier in local currency in more than 100 countries makes it a payments product.

RemitBee brings the dull infrastructure that makes that possible. Yoganathan’s own description, a decade of building banking relationships, liquidity and clearing connections, is what RemitBee is really contributing. CADD supplies the funding leg, and the payout network does the rest.

The release leaves gaps. It does not say how pricing on a CADD-funded payment compares with a conventional Canadian dollar wire or with RemitBee’s existing fiat funding, and for most businesses that comparison will decide adoption. The “first global off-ramp” description is also a claim about CADD specifically, not about Canadian dollar cross-border payments in general, which banks and remittance firms already handle at scale.

There is also the question of who needs this. The target customers, marketplaces, payroll platforms, importers and exporters, already pay abroad from Canadian dollar bank accounts. The CADD stablecoin becomes compelling where on-chain settlement offers something those accounts cannot, such as weekend settlement, faster funding or integration with other on-chain flows. The release does not quantify those gains. Readers new to the asset class can start with Fintechbits’ guide to what a stablecoin is.

Issuers of euro, sterling and Canadian dollar stablecoins all face the same disadvantage against US dollar tokens: less liquidity and fewer places to spend them. Partnerships with payment firms that already hold local payout licences are the quickest way to close that gap, and Tetra has now announced two such distribution deals for the CADD stablecoin since its May launch.

What to Watch Next on the CADD stablecoin

The first thing to look for is CADD volume flowing through RPass, which neither company has disclosed. A second signal is which customer types adopt first. If payroll platforms paying overseas contractors sign up quickly, the CADD stablecoin has found a real use. If uptake is limited to crypto-native firms, the payout network will have arrived ahead of demand. Further Canadian payment firms adding the CADD stablecoin as a funding source would also show whether Tetra’s distribution strategy is building momentum.