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FAQ

What you Need to Know

What is a Digital Wallet?

A wallet is where you hold stablecoins and approve transactions. It’s like a bank account you fully control.

A public address you share to receive funds — like an email address for money.

Digital money designed to match a real currency 1:1 (e.g., 1 USDC = $1 USD). Used for fast digital payments.

The system that processes transactions. Different networks have different speeds and fees.

A small network fee paid to process your transaction like a postal fee. Costs vary by network and how busy it is.

A public site where you can view transaction status and proof using a transaction hash.

A unique, permanent ID for your blockchain transaction like a tracking number you can verify publicly on an explorer.

Your internal receipt/reference number in our system (useful for support). Not the same as a TxHash.

What Does On-Ramp Mean?

Converting bank money into stablecoins so you can send digital payments.

Converting stablecoins back into traditional money and sending it to a bank account.

A one-time identity check required by law to prevent fraud and money laundering.

Once a payment is confirmed on the blockchain, it cannot be undone — there are no chargebacks like with credit cards. Always verify the recipient address and amount before sending.

CAGD (CAD Global Dollar) is Kavodax’s Canadian dollar-backed stablecoin. For every CAGD issued, one real Canadian dollar is held in a custodian bank — so 1 CAGD always equals 1 CAD.

CAGD is built for fast, transparent cross-border payments — letting businesses move CAD-equivalent value globally in minutes instead of days, with built-in AML compliance.

Yes. CAGD is fully backed 1:1 by Canadian dollars held in a custodian bank, giving it the same value stability as cash.

Most stablecoins are pegged to the US dollar. CAGD is Canada’s own stablecoin, pegged 1:1 to the Canadian dollar, purpose-built for Canadian businesses moving money internationally.