Explorer/Stablecoin/stcUSD
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
yield
02 — 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
  1. 01stcUSD may trade below its theoretical value during market stress
  2. 02Yield strategies may underperform expectations
  3. 03Smart contract risk in the staking mechanism
Notable
  • Yield-bearing — value increases vs cUSD over time
  • Non-rebasing design
  • Liquid staking for stablecoin yield
View in flow diagram
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