WisdomTree WTGXX Joins the Cap Stablecoin Network
Cap, a stablecoin powered by a revolutionary protected private credit engine, is excited to announce that WisdomTree Government Money Market Fund (WTGXX) is joining the Cap Stablecoin Network (CSN) as an approved collateral asset with RedStone acting is the oracle for the reserve asset. The integration is a first of its kind as it allows for institutions to mint cUSD and stcUSD in a compliant manner and represents an important step toward connecting traditional financial infrastructure with autonomous, on-chain stablecoin systems.
Expanding Collateral Access
The Cap Stablecoin Network (CSN) is a group of select partners who take part in cUSD’s collateral management and yield generation. It enables instant, secure settlement of payment stablecoins into Cap, establishing a transparent foundation for stablecoin issuance and yield operations. The T-bill yield generated from WTGXX will be passed on to stcUSD holders ensuring that there is no value leakage happens for Cap protocol users.
With the addition of WTGXX, existing WisdomTree users can now mint cUSD and stcUSD and redeem for any of the network’s reserve assets. Furthermore, this expands Cap’s collateral base beyond stablecoins such as USDC and will be the first of several institutional-grade money market funds that join the CSN.
Institutional Collateral Onchain
Integrating WTGXX marks a significant step in uniting traditional financial instruments with decentralized yield infrastructure. Institutional collateral can now flow directly into autonomous, smart-contract-secured markets without compromising transparency. WTGXX is a permissioned asset sets a precedent for how regulated financial institutions can participate in on-chain markets safely and effectively.
Oracle Integration
Redstone, Cap’s oracle partner, has updated its cUSD pricing oracle to include WTGXX reserves. This ensures accurate valuation and seamless integration across DeFi, maintaining data consistency throughout the Cap ecosystem.
A Foundation for On-Chain Yield
As Cap evolves, the protocol aims to support a broader spectrum of high-quality collateral—from stablecoins to tokenized real-world assets. Each integration advances Cap’s mission to build a fully transparent, on-chain marketplace for yield.
About Cap
Cap is a stablecoin protocol that provides credible financial guarantees. Leveraging smart contracts, private credit, and surety bond markets, Cap reimagines the legacy credit system to deliver transparent, scalable, and safe yield for users.
Learn more at cap.app.
About WisdomTree
WisdomTree is a global financial innovator offering ETFs, digital funds, and model portfolios. With over $100 billion in assets under management, WisdomTree combines traditional asset management expertise with blockchain-enabled infrastructure to deliver next-generation financial solutions.
Learn more at wisdomtree.com.
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