Gauntlet, a popular platform for blockchain optimization and risk management, has partnered with Cap, a renowned stablecoin protocol. The partnership aims to unveil exclusive markets of the decentralized protocol Morpho Labs for $PT-stcUSD and $stcUSD on Ethereum. As Gauntlet mentioned in its official announcement on X, the collaboration attempts to offer more liquidity, risk-managed markets to benefit stablecoin holders, and yield opportunities. Additionally, the move also shows the platform’s commitment to onboarding unique stablecoin products and broadening professional vault strategies.
1/ We've partnered with @capmoney_ to launch new @MorphoLabs markets on Ethereum for stcUSD and PT-stcUSD!
— Gauntlet (@gauntlet_xyz) September 8, 2025
Gauntlet USDC Core will list stcUSD and PT-stcUSD
Gauntlet USDC Frontier will list PT-stcUSD
Learn more about Cap, cUSD, stcUSD, and our vaults below! pic.twitter.com/y0rAR11GIC
Gauntlet and Cap Partner to Bring $PT-stUSD and $stcUSD Markets of Morpho on Ethereum
The partnership between Gauntlet and Cap is set to launch the $PT-stcUSD and $stcUSD markets of Mopho Labs on Ethereum. The partnership is anticipated to substantially fortify DeFi with its portfolio diversification, apart from providing users with exclusive yield-bearing opportunities. In this respect, Cap delivers a couple of core products: $stcUSD and $cUSD. Particularly, $cUSD is a dollar-pegged stablecoin supported by assets like $BENJI, $BUIDL, $pyUSD, $USDT, and $USDC. Additionally, $stcUSD is a yield-bearing stablecoin created by staking $cUSD.
Apart from that. $PT-stcUSD denotes the Pendle Principal Token specified for $stcUSD, enabling holders to get fixed yields. Hence, the holders can get the respective yields by redeeming tokens $PT-stcUSD for $stUSD when they mature. Thus, $P-stUSD and $stcUSD’s launch on the Ethereum markets of Morpho Labs highlights a significant development in merging stablecoin innovation and resilient DeFi infrastructure.
How Does This Partnership Benefit Developers?
According to Gauntlet , the partnership offers robust opportunities for the developers. In this respect, they can develop on top of $PT-stcUSD and $stUSD, supported by the efficient vault strategies of Gauntlet and the stablecoin infrastructure of Cap. Additionally, the integration improves liquidity, stablecoin utility, and risk-adjusted profits within the ecosystem of Ethereum. Overall, the development combines innovation and dependable DeFi frameworks, equipping builders with unique financial products to grow DeFi.