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 2026-06-10unverified
02
Supply by chain
1 chains · $85M total
Chain
Supply
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
Chain
Address
Ethereum
0xcccc62962d17b8914c62d74ffb843d73b2a3cccc
MegaETH
0xcccc62962d17b8914c62d74ffb843d73b2a3cccc
Addresses as recorded for this token. Verify against the
issuer's own published address before sending funds.
## 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