Vol. 1 · 7 Jun 2026
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activestablecoin

Cap

A digital dollar and financial-guarantee market.

Website
Data completeness
25%
Confidence
60%
Sources
1
Last reviewed
7 Jun 2025
The take

What to know

Cap is an infrastructure and issuance partner on the Tempo network, operated by Covered Agents S.A. in Panama. Its primary product is cUSD, a US Dollar-pegged stablecoin backed by assets such as USDC, PYUSD, BUIDL, and BENJI, alongside a yield-bearing variant called stcUSD.

Best for

  • +Accessing a US Dollar-pegged stablecoin (cUSD)
  • +Utilizing the stcUSD yield-bearing variant
  • +Engaging with recognized Tempo network infrastructure

Watch out

  • The platform is operated by a Panama-based entity, Covered Agents S.A.

The record

Key facts

Issuer / Operator
Operated by Covered Agents S.A. based in Panama.· 60%
Currency Peg
cUSD is a digital stablecoin pegged to the US Dollar.· 60%

Questions

FAQ

What is cUSD?
cUSD is a US Dollar-pegged stablecoin issued by Cap, backed by reserve assets including USDC, PYUSD, BUIDL, and BENJI.
Does Cap offer any yield-bearing assets?
Yes, Cap provides a yield-bearing variant of its stablecoin known as stcUSD.
What is Cap's role in the Tempo ecosystem?
Cap serves as an Infrastructure and Issuance partner on the Tempo network.

The graph

Connected entities