HTX will jointly launch CAP (Cap) at 9:00 PM today.
According to the Huobi HTX announcement, Huobi HTX will open CAP deposit services on June 26 at 18:30 (GMT+8). CAP/USDT spot trading will go live on June 26 at 21:00 (GMT+8). CAP withdrawal services will be available starting June 28 at 21:00 (GMT+8).
Cap is a DeFi credit protocol built on a Covered Credit mechanism, comprising digital dollars, a credit platform, and a financial guarantee market, designed to provide collateralized support for personal loans. CAP’s stablecoin engine will mint redeemable stablecoins in various denominations (e.g., USD, BTC, and ETH).