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Cap Stablecoin Protocol Officially Launches, cUSD Minting Now Open

By: theblockbeats.news|2025/08/19 02:52:07

BlockBeats News, August 19th, the Ethereum ecosystem stablecoin protocol Cap officially launched, opening cUSD minting, allowing users to participate in Epoch 1 of the Frontier program to earn Caps.

Cap announced in April this year that it had completed a $11 million financing round, with participation from Franklin Templeton and Triton Capital, among others.

Trader The White Whale holds a $4.1 billion ETH and SOL long position, with a recent profit of $51.6 million

An Ethereum OG address sold 8576 ETH at an average price of $4317, amounting to $37.02 million in value.