Staked Cap USD
stcUSD
0x20c0000000000000000000008ee4fcff88888888
Staked Cap USD — the yield-bearing version of cUSD.
Current price
$1.000000
Price vs pathUSD
1.000000
Spread
—
Supply
$23.8K
Headroom
—
Yield
—
Currency
USD
01 — Origin
Where it comes from
stcUSD is the staked version of cUSD. Users stake cUSD to receive stcUSD, which appreciates against cUSD as yield is distributed. Similar to Lido's stETH model.
Issuer
Cap Protocol
Backing type
yield02 — Peg Health
Peg stability
stcUSD trades at $1.000000 against pathUSD — perfectly pegged the $1.00 anchor. Spread on the enshrined DEX is tight.
$1.00 peg
Deviation
0 bps
DEX Spread
—
Status
tight
Simulated trace — historical peg series coming soon
03 — Supply
Supply & dynamics
Current circulating supply is $23.8K. Supply cap is unmeasured — the TIP-403 registry's getPolicy() read is not callable on the current deployment.
Current supply$23.8K
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
What backs it. What could go wrong.
Backed by cUSD at a variable exchange rate reflecting accumulated yield.
Risks
- 01stcUSD may trade below its theoretical value during market stress
- 02Yield strategies may underperform expectations
- 03Smart contract risk in the staking mechanism
Notable
- ✓Yield-bearing — value increases vs cUSD over time
- ✓Non-rebasing design
- ✓Liquid staking for stablecoin yield
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