Keeta Launches Stablecoin for Regulated Settlement with Keeta CAD

The Keeta network has introduced a new stablecoin called Keeta CAD (KCAD), designed for regulated settlement. KCAD is backed by fiat reserves held 1:1 through regulated financial institutions, ensuring price stability and allowing users to move Canadian Dollars on-chain.

Keeta CAD will utilize omnichain distribution to be tradable across multiple blockchains. This feature enables seamless transactions between different blockchain platforms.

The Keeta network is a high-performance Layer 1 blockchain built for modern financial infrastructure, combining sub-second settlement, high throughput, and native compliance with traditional payment rails and other blockchains.