CADD Stablecoin Expands Onchain Access Through Hydrex Integration

Canada's regulated digital currency ecosystem has taken another step forward as Tetra Digital Group announced that its Canadian dollar stablecoin, CADD, is now live on HydrexFi through a dedicated CADD/frxUSD liquidity pool. The integration enables users on Coinbase's Base blockchain to swap Canadian dollar-backed digital assets in a decentralized environment without relying on centralized exchanges. The launch reflects a broader trend in digital finance where national currencies are becoming available as blockchain-native assets. While U.S. dollar stablecoins dominate global markets, regional currencies such as the Canadian dollar are increasingly finding their place within decentralized finance (DeFi). This allows businesses, traders and developers to transact using familiar fiat denominations while benefiting from blockchain's speed and transparency. HydrexFi functions as a decentralized exchange and liquidity hub built specifically for Base, one of the fastest-growing Ethereum Layer-2 networks. By adding CADD liquidity, users gain access to lower-cost cross-currency trading and improved capital efficiency. Liquidity providers also have opportunities to earn rewards by supplying assets to the new pool. For Canadian users, the integration removes several friction points when moving between traditional banking and decentralized finance. Instead of converting Canadian dollars into U.S. dollar stablecoins before participating in DeFi, users can remain denominated in CAD while accessing lending, trading and payment applications. The move also strengthens Base's ecosystem by introducing another regulated fiat-backed asset, expanding choices for developers building payment systems, remittance services and tokenized real-world asset platforms. As more national currencies become tokenized, decentralized finance is gradually evolving from a primarily U.S. dollar-based market into a more globally representative financial network. CADD's expansion highlights how stablecoins are increasingly serving as bridges between conventional finance and blockchain infrastructure, providing users with faster settlements, greater accessibility and around-the-clock financial services.