Tetra Digital has successfully secured $10 million in funding, which will be utilized to develop a regulated stablecoin pegged to the Canadian dollar. This initiative aims to establish a reliable digital currency that complies with regulatory standards, thereby providing users with a stable and trustworthy financial tool that is directly linked to the Canadian dollar. Additionally, Tetra Digital's efforts reflect a growing trend in the cryptocurrency space, where the demand for regulatory-compliant stablecoins is on the rise, offering new opportunities for innovation in the digital finance landscape.
source: https://www.coindesk.com/business/2025/09/08/tetra-digital-raises-usd10m-to-create-a-regulated-canadian-dollar-stablecoin