ZRO · 2026-10-29 13:28 UTC

Loon Cadc Oft Standard

Loon's CADC Canadian dollar stablecoin will use LayerZero's OFT standard to move natively across blockchains with a unified supply. Non-USD stablecoins grew 158% year-over-year and now represent $2.0 billion of the $320 billion total stablecoin market, driven by regulatory frameworks and monetary sovereignty concerns. CADC holds ~60% of Canadian dollar stablecoin supply and recently crossed $500M in transactional volume; LayerZero now supports non-USD stablecoins including Mexican peso, British pound, Brazilian real, and Korean won.

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