Deloitte is collaborating with fintech company Stablecorp to develop stablecoin infrastructure for Canadian financial institutions and plans to integrate the Canadian dollar stablecoin QCAD into institutional payment and settlement systems. Both parties stated that the project aims to help banks and other institutions prepare for stablecoin applications following the implementation of regulatory frameworks, and to explore scenarios such as 24-hour payments, improved settlement efficiency, and new blockchain-based financial products. The Canadian government is advancing a regulatory framework for fiat-backed stablecoins through Bill C-15. (Cointelegraph)