{"id":10700,"date":"2025-09-08T14:11:39","date_gmt":"2025-09-08T18:11:39","guid":{"rendered":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/"},"modified":"2025-09-08T14:11:39","modified_gmt":"2025-09-08T18:11:39","slug":"tetra-trust-expands-with-backing-to-launch-canadian-stablecoin","status":"publish","type":"post","link":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/","title":{"rendered":"Tetra Trust Expands with Backing to Launch Canadian Stablecoin"},"content":{"rendered":"<p>Calgary-based Tetra Trust, a regulated cryptocurrency custodian, has formed a new parent company, Tetra Digital Group, and secured $10 million CAD in funding to launch a Canadian-dollar stablecoin. This funding was supported by major Canadian fintech firms, banks, and institutions, including ATB Financial, National Bank, Purpose Unlimited, Shakepay, Shopify, and Wealthsimple. Tetra plans to utilize 30% of the funding to create a subsidiary for the stablecoin, with the remainder supporting its core crypto custody business and expanding its Tetra Unity software. The company aims to provide a stable, secure digital currency backed by Canadian dollar reserves, pending regulatory approval. This move is part of Canada&#8217;s broader effort to innovate in digital financial infrastructure, despite regulatory challenges. Tetra\u2019s CEO, Didier Lavallee, emphasizes the importance of stablecoins in enhancing financial innovation and competition within Canada\u2019s concentrated banking sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calgary-based Tetra Trust, a regulated cryptocurrency custodian, has formed a new parent company, Tetra Digital Group, and secured $10 million CAD in funding to launch a Canadian-dollar stablecoin. This funding&#8230;<\/p>\n","protected":false},"author":1,"featured_media":951,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[178],"tags":[414,104,70,2735,13245],"class_list":["post-10700","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada-startup-news","tag-cryptocurrency","tag-fintech","tag-stablecoin","tag-tetra-trust"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tetra Trust Expands with Backing to Launch Canadian Stablecoin - Startup Ecosystem Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tetra Trust Expands with Backing to Launch Canadian Stablecoin - Startup Ecosystem Canada\" \/>\n<meta property=\"og:description\" content=\"Calgary-based Tetra Trust, a regulated cryptocurrency custodian, has formed a new parent company, Tetra Digital Group, and secured $10 million CAD in funding to launch a Canadian-dollar stablecoin. This funding...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/\" \/>\n<meta property=\"og:site_name\" content=\"Startup Ecosystem Canada\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-08T18:11:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Startup Eco System\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Startup Eco System\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/\"},\"author\":{\"name\":\"Startup Eco System\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/#\\\/schema\\\/person\\\/ebf38463111787b50c88f6fcd33f9c28\"},\"headline\":\"Tetra Trust Expands with Backing to Launch Canadian Stablecoin\",\"datePublished\":\"2025-09-08T18:11:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/\"},\"wordCount\":145,\"image\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/default-pic_big.jpg\",\"keywords\":[\"Canada startup news\",\"cryptocurrency\",\"fintech\",\"Stablecoin\",\"Tetra Trust\"],\"articleSection\":[\"Canada\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/\",\"url\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/\",\"name\":\"Tetra Trust Expands with Backing to Launch Canadian Stablecoin - Startup Ecosystem Canada\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/default-pic_big.jpg\",\"datePublished\":\"2025-09-08T18:11:39+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/#\\\/schema\\\/person\\\/ebf38463111787b50c88f6fcd33f9c28\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/default-pic_big.jpg\",\"contentUrl\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/default-pic_big.jpg\",\"width\":1000,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tetra Trust Expands with Backing to Launch Canadian Stablecoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/\",\"name\":\"Startup Ecosystem Canada\",\"description\":\"Largest Startup Community in Canada\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.startupecosystem.ca\\\/news\\\/#\\\/schema\\\/person\\\/ebf38463111787b50c88f6fcd33f9c28\",\"name\":\"Startup Eco System\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0296599ae4d98b5f644a6ebd0f36ee52f2642dac74ac9fee14854ec4a47d61d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0296599ae4d98b5f644a6ebd0f36ee52f2642dac74ac9fee14854ec4a47d61d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0296599ae4d98b5f644a6ebd0f36ee52f2642dac74ac9fee14854ec4a47d61d?s=96&d=mm&r=g\",\"caption\":\"Startup Eco System\"},\"sameAs\":[\"https:\\\/\\\/www.startupecosystem.ca\\\/news\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tetra Trust Expands with Backing to Launch Canadian Stablecoin - Startup Ecosystem Canada","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/","og_locale":"en_US","og_type":"article","og_title":"Tetra Trust Expands with Backing to Launch Canadian Stablecoin - Startup Ecosystem Canada","og_description":"Calgary-based Tetra Trust, a regulated cryptocurrency custodian, has formed a new parent company, Tetra Digital Group, and secured $10 million CAD in funding to launch a Canadian-dollar stablecoin. This funding...","og_url":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/","og_site_name":"Startup Ecosystem Canada","article_published_time":"2025-09-08T18:11:39+00:00","og_image":[{"width":1000,"height":500,"url":"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg","type":"image\/jpeg"}],"author":"Startup Eco System","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Startup Eco System","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#article","isPartOf":{"@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/"},"author":{"name":"Startup Eco System","@id":"https:\/\/www.startupecosystem.ca\/news\/#\/schema\/person\/ebf38463111787b50c88f6fcd33f9c28"},"headline":"Tetra Trust Expands with Backing to Launch Canadian Stablecoin","datePublished":"2025-09-08T18:11:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/"},"wordCount":145,"image":{"@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#primaryimage"},"thumbnailUrl":"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg","keywords":["Canada startup news","cryptocurrency","fintech","Stablecoin","Tetra Trust"],"articleSection":["Canada"],"inLanguage":"en-CA"},{"@type":"WebPage","@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/","url":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/","name":"Tetra Trust Expands with Backing to Launch Canadian Stablecoin - Startup Ecosystem Canada","isPartOf":{"@id":"https:\/\/www.startupecosystem.ca\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#primaryimage"},"image":{"@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#primaryimage"},"thumbnailUrl":"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg","datePublished":"2025-09-08T18:11:39+00:00","author":{"@id":"https:\/\/www.startupecosystem.ca\/news\/#\/schema\/person\/ebf38463111787b50c88f6fcd33f9c28"},"breadcrumb":{"@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#primaryimage","url":"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg","contentUrl":"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg","width":1000,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/www.startupecosystem.ca\/news\/tetra-trust-expands-with-backing-to-launch-canadian-stablecoin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.startupecosystem.ca\/news\/"},{"@type":"ListItem","position":2,"name":"Tetra Trust Expands with Backing to Launch Canadian Stablecoin"}]},{"@type":"WebSite","@id":"https:\/\/www.startupecosystem.ca\/news\/#website","url":"https:\/\/www.startupecosystem.ca\/news\/","name":"Startup Ecosystem Canada","description":"Largest Startup Community in Canada","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.startupecosystem.ca\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/www.startupecosystem.ca\/news\/#\/schema\/person\/ebf38463111787b50c88f6fcd33f9c28","name":"Startup Eco System","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/a0296599ae4d98b5f644a6ebd0f36ee52f2642dac74ac9fee14854ec4a47d61d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0296599ae4d98b5f644a6ebd0f36ee52f2642dac74ac9fee14854ec4a47d61d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0296599ae4d98b5f644a6ebd0f36ee52f2642dac74ac9fee14854ec4a47d61d?s=96&d=mm&r=g","caption":"Startup Eco System"},"sameAs":["https:\/\/www.startupecosystem.ca\/news"]}]}},"_links":{"self":[{"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/posts\/10700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/comments?post=10700"}],"version-history":[{"count":0,"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/posts\/10700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/media\/951"}],"wp:attachment":[{"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/media?parent=10700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/categories?post=10700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupecosystem.ca\/news\/wp-json\/wp\/v2\/tags?post=10700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}