Cap protocol overview

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Cap allows users to deposit USDC or USDT into its platform in order to mint a new stablecoin called cUSD, which is pegged to the U.S. dollar and can be staked to earn interest through lending and restaking strategies
Cap is a blockchain startup building a stablecoin protocol that generates yield from financial institutions and crypto-native strategies, and it has raised $8 million in seed funding to support its development

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