PANews reported on August 19th that the stablecoin protocol Cap has officially launched on the Ethereum mainnet, launching two stablecoin products: cUSD and stcUSD. Users can mint cUSD with USDC and earn native "Caps" points. The protocol is jointly maintained by operators and re-stakeholders. All idle USDC will be deployed to Aave to earn base yield. stcUSD has been listed on Pendle, with cUSD prices provided by Chainlink oracles. Institutions such as IMC Trading, Edge Capital, and Susquehanna Crypto are among the first stakeholders in the protocol.