SB
Stablecoin BeatStatistics and intelligence for the stablecoin economy
Today Tracker Charts Companies Regulation Research Papers Reports
Home/ Companies/ Cap Labs/ CUSD

Cap USD

$85M market cap

Issued by Cap Labs · reviewed

Market cap
$85M -6.30% 7d
30-day trend
CUSD market cap trend, last 30 days: -12.8%
Volume / market cap
Peg drift, 30 days
0.02%

Market data as of , the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

Last verified 2026-09-06. 1 of the 9 fields shown is recorded but not yet verified and is marked below; 3 further tracked fields are not recorded.

Cap launched cUSD in 2025 as the non-yielding stablecoin layer of its protocol. Its reserve architecture supports a mixture of liquid stablecoin assets and tokenized real-world assets, while the separate stcUSD token is used for yield exposure.

01

Instrument facts

9 of 12 tracked fields recorded
Symbol CUSD
Peg USD
Backing Rwa backed
Status Active
Launched 2025
Networks L1 EVM Ethereum
Specifications Redemption Cap describes cUSD as redeemable 1:1 against available reserve assets.
Use cases DeFi collateral, Settlement
Depeg history Date 2026-06-10 unverified
02

Supply by chain

1 chains · $85M total
ChainSupply
Ethereum$85M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

2 chains
ChainAddress
Ethereum0xcccc62962d17b8914c62d74ffb843d73b2a3cccc
MegaETH0xcccc62962d17b8914c62d74ffb843d73b2a3cccc

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

04

Background

## Overview Cap launched cUSD in 2025 as the non-yielding stablecoin layer of its protocol. Its reserve architecture supports a mixture of liquid stablecoin assets and tokenized real-world assets, while the separate stcUSD token is used for yield exposure. ## Key Features - cUSD itself is non-yielding; stcUSD is Cap's separate yield-bearing wrapper. - The reserve architecture can combine payment stablecoins with tokenized real-world assets such as tokenized money-market funds. - Cap has published smart-contract security audits from multiple security firms. ## Supported Networks Available on Ethereum.

Compiled from issuer disclosures, on-chain data and market data. Cap Labs · Methodology