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VERSABANK HAS BEGUN RECEIVING QCAD DEPOSITS UNDER STABLECOIN CUSTODY SERVICES AGREEMENT AND CONGRATULATES STABLECORP ON LISTING OF QCAD ON KRAKEN
VERSABANK HAS BEGUN RECEIVING QCAD DEPOSITS UNDER STABLECOIN CUSTODY SERVICES AGREEMENT AND CONGR...
About this update from Versabank
[{"type":"text","content":"\n\n\nVERSABANK HAS BEGUN RECEIVING QCAD DEPOSITS UNDER STABLECOIN CUSTODY SERVICES AGREEMENT AND CONGRATULATES STABLECORP ON LISTING OF QCAD ON KRAKEN\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nLONDON, ON, April 20, 2026 /CNW/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) (\"VersaBank\" or the \"Bank\") a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has begun receiving QCAD deposits under its previously announced custody services agreement with Stablecorp, a pioneering Canadian digital asset infrastructure company and servicer of the QCAD Digital Trust and whose investors include Coinbase, Circle, DeFi Technologies and FTP Ventures.  QCAD is Canada's first regulatory compliant Canadian-dollar stablecoin.\nThe Bank also congratulated Stablecorp on the listing of QCAD on Kraken.  Kraken is a registered Restricted Dealer in Canada and one of the longest-standing crypto asset trading platforms globally. Under this listing, QCAD will be available for trading on the Kraken crypto asset trading platform, facilitating the settlement of digital asset transactions in a Canadian Dollar-denominated instrument.\"The start of the flow of QCAD deposits is not only further validation of the market-readiness of our VersaVault® technology for the rapidly growing digital asset opportunity but also represent a significant milestone for the Bank as our first incremental income from our digital asset strategy,\" said David Taylor, Founder and President, VersaBank.  \"We are very proud to be the custody provider for QCAD and congratulate Stablecorp on this listing of QCAD on Kraken, one of the largest and most respected exchanges for digital asset...