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Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD. cUSD is a digital dollar issued on the Ethereum blockchain that can be used on any network. cUSD's reserve is backed by blue chip stablecoins such as USDC, USDT, pyUSD, BUIDL, and BENJI, i.e. issued by regulated institutions with transparent attestations. It is 1:1 redeemable for any of the available reserve assets. stcUSD is a savings product issued by staking cUSD. Any cUSD holder has open access to stcUSD. Yield is generated via an autonomous layer of operators, who self-select in and out based on the current hurdle rate of the protocol. The risk of yield generation is covered, meaning users have full downside protection that is verifiable by code.
Cap USD (CUSD) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $94.89M, making it one of the notable digital assets in the crypto market.
The current price of Cap USD (CUSD) is $1.0000. Prices update in real-time based on market activity across major cryptocurrency exchanges.
You can buy Cap USD (CUSD) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Whether Cap USD is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
Top cryptocurrencies with market capitalization closest to this coin.