CADNET

Canadian-dollar stablecoin

Canadian dollars,
built for digital markets.

CADNET is a Canadian‑dollar stablecoin built on Solana for transparent, efficient on‑chain settlement.

View reserves How CADNET works
NetworkSolana
Token programClassic SPL Token
Decimals6
NetworkMainnet

Transparency

Reserves and supply

CADNET is designed so that production issuance follows verified Canadian‑dollar reserve settlement, and redemption burns CADNET before Canadian‑dollar payout becomes eligible.

Recorded CAD reserves Loading… Manual bank attestations
CADNET Mainnet supply Loading… CADNET in circulation
Reserve coverage Loading… Reserves / obligations
Public data status Loading… Reading live data

Production setup. Recognized reserves come from manual verification of the real custody account. Mainnet issuance remains disabled until acceptance.

Process

How CADNET works

  1. 01

    Canadian dollars are received and verified

    Production issuance begins only after the applicable reserve settlement is verified.

  2. 02

    CADNET is issued on Solana

    Authorized issuance creates the corresponding amount of CADNET on‑chain.

  3. 03

    CADNET moves on-chain

    CADNET uses the classic Solana SPL Token Program with six decimal places.

  4. 04

    CADNET is received for redemption

    CADNET submitted for redemption is verified before the burn process proceeds.

  5. 05

    CADNET is burned before fiat release

    Canadian‑dollar payout becomes eligible only after the burn has been independently verified.

Redemption

Redeeming CADNET

The production redemption process verifies receipt of CADNET, burns the corresponding tokens, independently verifies the resulting on‑chain state, and only then makes the Canadian‑dollar payout eligible for release.

On-chain reference

Planned CADNET Mainnet mint

Mint address
3sQMRxFKn2cR7J85z99RXwHqqkyR9eAa1a136PTA3MZC
Program
TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA
Decimals
6
Environment
Solana Mainnet