
Cap
Cap is an Ethereum stablecoin protocol that issues cUSD, a synthetic dollar, and stcUSD, its yield-bearing version.

What is Cap?
Cap is a stablecoin protocol on Ethereum. Users mint cUSD, a synthetic dollar, and can stake it for stcUSD to earn yield backed by underwriters and on-chain guarantees. Cap has taken in around $390M in deposits and is backed by Franklin Templeton, GSR, Kraken Ventures, and Flow Traders.
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Cap alternatives
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

