
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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Developer resources from Alchemy

What are cross-border digital payments?
Learn how correspondent banking works and how stablecoins are cutting costs by up to 80%.

Cronos is now live on Alchemy
Alchemy has launched support for Cronos, a purpose-built settlement layer for stablecoins and tokenized assets. Connect via RPC and build with gasless transaction infrastructure.

How to scale to 30,000 requests per second. The story behind Usual's seamless airdrop
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.
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.

