Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTCryptoProwlWed, July 15, 2026 at 5:01 PM GMT+2 2 min readQCAD Adds TD as Reserve Custodian in Push for Wider Canadian AdoptionStablecorp Digital Currencies has named TD Bank Group (NYSE: $TD) (TSX: $TD) as the primary custodian for reserves backing QCAD (CRYPTO: $QCAD), bringing one of Canada's largest financial institutions into the infrastructure behind the Canadian-dollar stablecoin.Under the agreement, TD will hold fiat reserves for QCAD Digital Trust as part of a phased custody rollout expected across the third and fourth quarters of 2026.QCAD is issued by QCAD Digital Trust and backed one-to-one by Canadian dollars held in segregated accounts. The stablecoin is designed for round-the-clock CAD payments and settlement, with a structure built around Canadian securities and financial compliance requirements.More From Cryptoprowl:Stablecoin Market Cap Declines By $10 Billion