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New York City, November 4, 2025 — Cap, a stablecoin protocol built for credible financial guarantees, today announced the addition of the WisdomTree Government Money Market Fund (WTGXX) as an approved collateral asset within the Cap Stablecoin Network (CSN).
The Cap Stablecoin Network (CSN) is an open network for cUSD’s collateral management and yield generation. CSN facilitates instant and secure settlement of USD deposits into Cap.
Existing WisdomTree users will be able to deposit into the CSN with WTGXX and redeem for any of CSN’s reserve assets.
Redstone, which provides a cUSD price oracle for numerous integrations like Morpho and Euler, has updated their oracle to price WTGXX reserves.
WTGXX is a permissioned asset, requiring Cap’s coordination with WisdomTree to onboard the asset. As such, this integration marks a significant step in onboarding traditional institutions into onchain finance.
“Integrating WTGXX represents a major step toward uniting traditional financial instruments with decentralized yield infrastructure,” said Dave L. Head of Growth at Cap.
“Institutional-grade collateral can now flow directly into autonomous, smart-contract-secured markets without sacrificing transparency or compliance.”
The integration expands Cap’s collateral options beyond stablecoins like USDC, underscoring its commitment to uniting regulated real-world assets with permissionless DeFi infrastructure. As the protocol evolves, Cap aims to support a broader spectrum of high-quality collateral to enable a fully transparent, on-chain marketplace for yield.
“Cap’s vision is to improve the legacy credit system with autonomous smart contract infrastructure,” said Benjamin S.P., founder of Cap. “Onboarding WTGXX as collateral signals a desire from traditional institutions to participate in that new infrastructure.”
About Cap
Cap is a stablecoin protocol that provides credible financial guarantees. Leveraging the power of smart contracts, private credit, and surety bond markets, Cap innovates on the legacy credit system to provide transparent, scalable and safe yield for users.
Learn more at cap.app or follow @capmoney_.
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.