Cap USD — the base layer for Cap Protocol's yield products.

Current price

$0.999800-2 bps vs $1

Price vs pathUSD

0.999800

Spread

3 bps

Supply

$53.6K

Headroom

—

Yield

—

Currency

USD

01 — Origin

Where it comes from

cUSD is Cap Protocol's stablecoin, deployed on Tempo as the foundation of their onchain yield infrastructure. Users deposit cUSD to earn via stcUSD (the staked variant).

Issuer

Cap Protocol

Backing type

wrapped

02 — Peg Health

Peg stability

cUSD trades at $0.999800 against pathUSD — 2 bps below the $1.00 anchor. Spread on the enshrined DEX is 3 bps.

$1.00 peg

Deviation

-2 bps

DEX Spread

3 bps

Status

tight

Simulated trace — historical peg series coming soon

03 — Supply

Supply & dynamics

Current circulating supply is $53.6K. Supply cap is unmeasured — the TIP-403 registry's getPolicy() read is not callable on the current deployment.

Current supply$53.6K

Supply cap—

Headroom—

Opted-in supply—

04 — Compliance

Compliance & controls

Every TIP-20 stablecoin on Tempo is governed by a TIP-403 policy — the enshrined compliance registry at 0x403c…0000. The policy controls which addresses can hold, transfer, and mint.

Policy ID—

Policy type—

Policy admin—

Registry0x403c…0000

05 — Backing & risks