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.
How to add Staked Cap USD (STCUSD) to MetaMask?
By integrating Staked Cap USD (STCUSD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import STCUSD as a token. You can either manually import STCUSD by copying its contract address (0x88887be419578051ff9f4eb6c858a951921d8888) or use MetaMask's Chrome extension to add STCUSD with a single click through P.CASH.
How to add Staked Cap USD (STCUSD) to TrustWallet?
Incorporating Staked Cap USD (STCUSD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include STCUSD, you can either manually import it using the contract address (0x88887be419578051ff9f4eb6c858a951921d8888) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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