3iQ is leveraging Stablecorp's Onboarding-as-a-Service and Embedded Digital Money solutions to simplify access to its award-winning Global Crypto
The Stablecorp OaaS technology creates an intuitive, compliant and secure digital flow for onboarding that is highly customized for 3iQ's specific requirements as an Exempt Market Dealer in the digital asset space. By leveraging this technology, 3iQ anticipates being able to significantly reduce onboarding time for QGCF as well as enhance and automate internal and external reporting and monitoring.
Additionally, by leveraging the Embedded Digital Money technology for future funds, 3iQ can seamlessly convert incoming fiat subscriptions to digital money, such as USDC or Stablecorp's QCAD, in a fully KYC'd environment. This significantly enhances efficiency of subscriptions and redemptions as well as global asset movement within funds, while simplifying reporting and opening novel digitally native strategies.
"3iQ has built our business on being digital asset native, including being the first regulated digital asset manager in
"Digital assets and digital money move extremely quickly, and one of the challenges of using traditional fiat rails and onboarding technology is that it adds unnecessary frictions to such a revolutionary technology," said
3iQ's new digital onboarding experience for QGCF is accessible to qualified investors on their website at www.3iq.ca. 3iQ and Stablecorp anticipate continuing to roll out additional onboarding experiences and fully digital funds throughout the remainder of 2023 and beyond.
About 3iQ
Founded in 2012,
About Stablecorp
Stablecorp is a leading Canadian fintech firm building digital money embedded solutions in the payment, investment, supply chain finance, on-chain FX and digital asset trading space. Through its Grapes Finance Portal and API solutions, Stablecorp has created a suite of onboarding as a service and embedded digital money solutions that power a variety of financial use cases. For more information, visit https://www.stablecorp.ca and https://www.grapesfinance.com.
About QCAD
QCAD is a fully reserved digital Canadian dollar (or stablecoin) issued by Stablecorp Digital Currencies inc. QCAD is 1:1 backed with Cash and Cash equivalents held by
Media Contact:
Stablecorp
Sarah Ikalowych
stablecorp@kcdpr.com
910-448-0282
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SOURCE Stablecorp
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