A Calgary-based finance company has raised $10 million to create a digital version of the Canadian dollar, with backing from Shopify, Wealthsimple and National Bank — pushing Canada into the global race to digitize money. Tetra Digital, a financial services group, is planning to launch a Canadian stablecoin next year. Stablecoins are a type of cryptocurrency linked to a country's national currency, such as the Canadian dollar, or to a commodity like gold. The idea is that these tokens are a one-to-one digital replica of their real-world assets. For example, a Canadian dollar-backed stablecoin could be exchanged for ... (full story)