Internet reports that Coinbase recently invested in Canadian stablecorp, a stablecoin issuer, aiming to expand access to Canadian dollar tokenization. Coinbase Canada CEO Lucas Matheson said in an exclusive interview with Cointelegraph that the investment amount was not disclosed, but that the company will help promote Stablecorp's fiat guaranteed stablecoin QCAD. He emphasized that stablecoins are particularly important to Canada because Canada lacks a point-to-point payment network and wire transfers cost as high as US$45 and require 45 minutes of paperwork. He also said that using stablecoins can achieve 24/7, instant, borderless payments. Although the stablecoin market is currently dominated by dollar-backed stablecoins, Canada still faces the problem that the government has not lifted securities regulatory obstacles for stablecoins. Coinbase calls on the government to develop a national strategy for digital assets.