Stablecorp Taps Finance Veteran Pye to Lead Capital Markets Push

Canada Stablecorp Inc., parent company of QCAD Digital Trust and issuer of Canada's first and longest-running compliant Canadian dollar stablecoin, has announced the appointment of Frederick T. Pye as Vice Chairman, Capital Markets.

Pye is a co-founder of Stablecorp and has served on its board since the company's early days. His new role marks a deliberate step in Stablecorp's evolution from stablecoin issuer to capital markets infrastructure.

With over four decades of experience at the intersection of regulated finance and digital assets, Pye founded 3iQ Corp. in 2012 and led it through several firsts, including The Bitcoin Fund (QBTC), the world's first major exchange-listed public bitcoin fund launched on the Toronto Stock Exchange in 2020.

In his new role, Pye will coordinate Stablecorp's engagement with Canada's prime capital markets institutions and their global counterparts as on-chain settlement expands beyond payments into equities, bonds, and tokenized real-world assets.