Every CADC is fully backed by a reserve of real CAD in a bank account, and redeemable on a 1-to-1 basis for Canadian dollars. The CADC smart contract code is based on Circle's USDC design, which has been extensively tested for maximum composability on Ethereum. Each CADC is issued by PAYTRIE AB Inc., a fully licensed Money Services Business (M19690633) regulated by FINTRAC, Canada's financial intelligence unit. You can buy and sell CADC with Interac e-transfers directly on PayTrie with 24/7 access.