# Cap

*A digital dollar and financial-guarantee market.*

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.

## At a glance

- **Type:** stablecoin
- **Category:** stablecoins
- **Status:** active
- **Website:** https://cap.app

## Key facts

- **Issuer / Operator:** Operated by Covered Agents S.A. based in Panama. _(confidence 60%)_
- **Currency Peg:** cUSD is a digital stablecoin pegged to the US Dollar. _(confidence 60%)_

## Related entities

- [Tempo](https://tempo.dataos.so/entity/tempo) — builds on

## Sources

1. [https://cap.app](https://cap.app)

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Last reviewed: 7 Jun 2025  
Canonical: https://tempo.dataos.so/entity/cap  
Source: tempowiki (https://tempo.dataos.so) — an independent, sourced reference for the Tempo ecosystem. Not affiliated with Tempo, Stripe, or Paradigm.