How Cap Plans To Scale Stablecoin Yield With TradFi Giants Like Susquehanna and Franklin Templeton

Benjamin is the Founder of cap.

In this episode, we dive into how Cap aims to unlock a new era of scalable stablecoin yield generation on Ethereum and MegaETH, by tapping into competitive markets and institutional players like Susquehanna, Franklin Templeton, and potentially DeFi powerhouses like Ethena and Maker.

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🔗 Essential Show Links 🔗

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► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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Timestamps

0:00 - Intro
4:07 - Origin of cap
6:47 - Stablecoin functions, settlement for fiat vs SoV
9:12 - What are Type I stablecoins?
12:43 - Risk of regulation for Type I stablecoins
13:45 - What are Type II stablecoins?
19:38 - What makes cap the first ever Type III stablecoin?
23:25 - Sponsor break
24:03 - Walkthrough of minting cUSD to yield aggregation
28:33 - Estimating range of yield for cUSD
32:53 - Comparing risk of cap Type III stablecoins vs Type I or II
33:57 - EigenLayer slashing will be live for cap’s launch
35:39 - What happens if a cap operator yield strategy is exploited?
38:52 - Why Susquehanna and Franklin Templeton onboarded with cap
41:33 - How are cap operators selected?
43:27 - The importance of restakers in cap and proving EigenLayer’s potential
48:56 - How cUSD yield is distributed
50:39 - Sponsor break
52:18 - Why deploy on MegaETH and Ethereum
54:22 - What does the name cap stand for?
55:33 - cap is built to cooperate, not compete with Ethena/Maker
57:49 - Idle stablecoins in cap will go to Aave
58:52 - Impeccable timing and demand for cap design
1:01:33 - Early details on cap tokenomics
1:02:46 - Closing

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🔗 Guest Links 🔗

► cap website: https://cap.app/
► cap on X: https://x.com/capmoney_
► Benjamin on X: https://x.com/Benjamin918_
► Type III Stablecoins in Stanford Blockchain Review: https://review.stanfordblockchain.xyz/p/69-type-iii-stablecoins

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All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. Thi