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

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Cap’s platform allows users to generate passive interest (yield) from other tokens.

Minters deposit USDC or USDT to create cUSD, which can then be staked for yield or used as a dollar-pegged asset. Operators, including TradFi institutions and DeFi natives, borrow this capital to execute yield-generating strategies while restakers provide security by delegating locked ETH, earning premiums in return.