jCAD logo

jCAD, the Canadian dollar stablecoin

The jCAD stablecoin is a synthetic Canadian dollar whose price is maintained via a peg mechanism with the USDC. It is created on Synthereum, the DeFi Forex protocol by Jarvis Network.

Buy jCAD Sell jCAD

What is the jCAD?

The jCAD is what is called a synthetic fiat currency, meaning that it is not anchored to an off-chain fiat reserve. Instead, it tracks the price of the Canadian dollar against the price of the US dollar via a peg mechanism with USDC, one of the biggest and most trusted USD stablecoin on the market.

What is it for?

By being linked to the USDC and redeemable with it, the jCAD directly benefits from its vast liquidity and deep integration within the ecosystem. The jCAD can therefore be used for any type of volatility-free payment or trading operations on the Ethereum and Polygon networks.

How is it created?

The jCAD is issued and can be exchanged on Synthereum, the on-chain Forex protocol developed by Jarvis Network.

It can be issued by a borrowing mechanism, where anyone can deposit USDC in the protocol and receive 75% of the deposit's value in jCAD. The liquidity provider receives in reward 50% of trading fees generated on Jarvis, as well as UMA tokens.

Where can it be exchanged?

Bridge Wallet lets you buy jCAD by bank transfer, and withdraw it in more than 20 fiat currencies back on your bank account. More info here.

It can be freely exchanged on app.jarvis.exchange for other jFiats, USDC and other cryptos without any slippage, using Chainlink's price feeds.

Our rates for jCAD

CAD Canadian dollar iconCADCHF Swiss franc iconCHFEUR Euro iconEURGBP Canadian dollar iconGBPUSD US dollar iconUSDSGD Singapore dollar iconSGDAUD Australian dollar iconAUDNZD New Zealand dollar iconNZD
jCAD currency iconFrom jCAD
jCAD currency iconTo jCAD--

jCAD on ramp currencies

The following currency pairs are available to purchase jCAD with our on ramp service.

Have a question?

Check our FAQ

The most common questions that our clients ask us are all answered there. Have a look!

Contact us

We answer all your questions, and we answer them fast! Get in touch by email, on Telegram or on Twitter.

We accept clients from all countries, except US persons and residents of:

Afghanistan, Belarus, Burundi, Central African Republic, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mainland China (Hong Kong and Taiwan accepted), Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Ukraine, Venezuela, Yemen, Zimbabwe.