Upbit will launch the CAP stablecoin, supporting transactions with KRW, BTC, and USDT.
2026-08-06 09:58:14
According to CoinMeta, South Korea's largest cryptocurrency exchange Upbit announced that it will launch a stablecoin based on cap, which will be supported by the trading markets of KRW, BTC, and USDT. CAP is a blockchain-based credit stablecoin protocol that adopts a guaranteed credit model. It supports stablecoins such as CUSD and STCUSD, and uses CAP tokens for protocol governance.
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