Canada’s draft stablecoin rules retain a ban on issuer-paid yield, require Canadian reserve custodians and set redemption terms for token holders.

Canada’s draft stablecoin rules retain a ban on issuer-paid yield, require Canadian reserve custodians and set redemption terms for token holders.

Canada’s draft stablecoin rules retain a ban on issuer-paid yield, require Canadian reserve custodians and set redemption terms for token holders.

Ottawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers.

Ottawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers.

Canada proposes stablecoin rules letting holders redeem any amount within three business days, with a 1% fee cap. Here’s how Circle’s USDC terms compare.