StableCorp - About the company
StableCorp is a series A company based in Toronto (Canada), founded in 2019. It operates as a Decentralized stable coin used for enabling B2B payments. StableCorp has raised $8.51M in funding from investors like Genesis, Stellar and VersaBank. The company has 355 active competitors, including 75 funded and 7 that have exited. Its top competitors include companies like Circle, KAST and Terra.
Company Details
Decentralized stable coin used for enabling B2B payments. The coin is pegged to the Canadian dollar enables instant B2B transactions for various domestic & international purposes. Provides KYC and AML compliant authentication solutions to restrict access to these transactions. Also, it offers exchange solutions to convert to Canadian dollars.
- Website
- stablecorp.ca
- Registered Address
- 365 Bay Street, Toronto
Key Metrics
Founded Year
2019
Location
Toronto, Canada
Stage
Series A
Total Funding
$8.51M in 4 rounds
Latest Funding Round
Ranked
6th among 355 active competitors
Employee Count
14 as on Aug 31, 2026
Legal entities associated with StableCorp
StableCorp is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Stablecorp Digital Currencies Inc. CIN: 13370089 , Canada, Active | Sep 23, 2021 | - | - | - |
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StableCorp's funding and investors
StableCorp has raised a total funding of $8.51M over 4 rounds. Its first funding round was on Feb 25, 2021. StableCorp has 13 institutional investors.
Here is the list of recent funding rounds of StableCorp:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 24, 2025 | 5798387 | Series A | 9985528 | 3547009 | 8939640 | 8241971 |
May 14, 2025 | 2083809 | Seed | 4718328 | 9999003 | 5474794 | |
Apr 25, 2022 | 6053580 | Seed | 3766739 | 4695209 |
View details of StableCorp's funding rounds and investors
StableCorp's founders and board of directors
Founder? Claim ProfileHere are the details of StableCorp's key team members:
- Jean Desgagne: CEO of StableCorp. Contact Info: 1 email address
StableCorp's Board of Directors
StableCorp's board has 3 active members. Julie Paterson, Kesem Frank and Alex McDougall are independent board members.Here is the list of StableCorp's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 6m | |
p{upfxp | Independent board member | - | Current | 2y 5m |
utwkwel | Independent board member | - | Current | 9y 1m |
View details of StableCorp's Founder profiles and Board Members
StableCorp's employee count trend
StableCorp has 14 employees as of Aug 26. Here is StableCorp's employee count trend over the years:
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StableCorp's Competitors and alternates
Top competitors of StableCorp include Circle, KAST and Terra. Here is the list of Top 10 competitors of StableCorp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.51B | 88/100 | |
2nd | App-based platform offering stablecoins | $90M | 76/100 | ||
3rd | Blockchain network for payments | $125M | 75/100 | ||
4th | MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 69/100 | |
5th | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 69/100 | |
6th | StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 59/100 | |
7th | Mezo 2022, Menlo Park (United States), Series A | Developer of stablecoins fully backed by reserves of digital currency | $30M | 59/100 | |
8th | Prepaid Japanese Yen Stablecoin made on public blockchain | $106M | 58/100 | ||
9th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
10th | Mimo 2015, Vaduz (Liechtenstein), Series B | Decentralized tokenization and cryptocurrency token platform | $16.6M | 56/100 |
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StableCorp's Investments and acquisitions
StableCorp has made no investments or acquisitions yet.
Reports related to StableCorp
Here is the latest report on StableCorp's sector:
News related to StableCorp
Media has covered StableCorp for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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Deloitte Canada & Stablecorp Collaborate on Stablecoin InfrastructureCNW•Mar 23, 2026•Deloitte, StableCorp
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VersaBank Announces Stablecorp's QCAD as First Stablecoin CustomerCNW•Feb 03, 2026•StableCorp, VersaBank, DeFi
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Canada Stablecorp's QCAD Becomes Canada's First Compliant CAD StablecoinPR Newswire•Nov 24, 2025•StableCorp
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DeFi Technologies Announces Strategic Investment and Partnership with Canada's StablecorpPR Newswire•Sep 25, 2025•DeFi, StableCorp
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Stablecorp: $1.8 Million Raised For Digital Money Infrastructure To Support The Global Payments Space
Pulse 2.0•May 21, 2025•StableCorp, Coinbase, Side Door Ventures
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Toronto's Stablecorp Secures $2.5M to Advance Canadian Dollar StablecoinFintech.ca•May 15, 2025•StableCorp, Coinbase, Side Door Ventures
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Stablecorp Signs Phase 1 of the Digital Asset Repository Project through Innovative Solutions CanadaPRWeb•Sep 11, 2024•StableCorp, Government of Canada
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