Record sog_ev_cadc_loon_transition_batch_x

Loon acquires CADC and assumes issuer responsibility

Loon announced that it had acquired the CADC stablecoin, originally launched by PayTrie in 2021, and would assume responsibility as its new issuer.

Date
2025-10-27
Category
Migration and rebrand
Subtype
Issuer Transition
Status effect
Remained active
Recovery
Not applicableNot yet recorded
Evidence
2 source records2 relations

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.
Date2025-10-27
Public event categoryMigration and rebrand
Canonical event subtypeIssuer Transition
Structured detail kindMigration
Stablecoin subjectsCADC
Organization subjectsLoon Technology Inc.
ImpactHigh
Effect on stablecoin lifecycleRemained active
Canonical status-effect valueActive
Recovery or reversalNot applicable
Recovery dateNot Applicable
Cause or mechanismNot yet recorded
Structured detail coverageDescription and source record only
Record confidenceHigh
Date
2025-10-27
Public category
Migration and rebrand
Canonical subtype
Issuer Transition
Structured detail kind
Migration
Impact
High
Status effect
Remained active
Recovery
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
Not recorded
Record confidence
High

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.
Stablecoin subject

CADC

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Organization subject

Loon Technology Inc.

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Provenance

Evidence

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.
2 source identities · 2 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Meet CADC
Published 2026-01-28
LoonOfficial statement or announcement
Canonical: Official Blog
Subject-controlled sourcePrimary sourceIssuer, Backing, History, Contract Address, Current Issuer Identity Backing History and Exact Evm IdentifiersArchive index or wildcardHigh
Loon Raises $3 Million to Build Canada's Regulated Digital Dollar; Acquires CADC Stablecoin
Published 2025-10-27
Loon via PR NewswireOfficial statement or announcement
Canonical: Official Statement
Subject-controlled sourcePrimary sourceOwnership, Issuer Transition, Launch Year, History, Cadc Acquisition Paytrie Origin 2021 Year and Loon Issuer TransitionArchive index or wildcardHigh

Maintenance

Corrections and further reading

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