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.
Web3 dapps and developer tools related to Cap
Discover blockchain applications that are frequently used with Cap.
Ape Finance
HypurrFi
GAIB
Reserve Protocol
Developer resources from Alchemy
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Learn how correspondent banking works and how stablecoins are cutting costs by up to 80%.
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Usual aims to put ownership back in the hands of its users, by ensuring that value flows back to the community rather than concentrating at the top, paving the way for a fair and community-driven future for stablecoins and token-based finance.
Cap alternatives
Explore web3 competitors and apps like Cap.
River Inc
Frax Finance
Bucket Protocol
Sovryn
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.
