Stablecorp is a Cfintech firm building bank-grade blockchain technology. In February 2021, Stablecorp entered into a strategic partnership with VersaBank, an A rated Canadian Schedule 1 bank, to develop VCAD. VCAD is a Digital Deposit Receipt issued using VersaBank's VersaVault® technology. This bank-backed issuance model makes VCAD unique in terms of auditability, transparency, and reliability in the global DDR space.