Cap Cuts Its 'Stabledrop' Airdrop to $4.2M from $12M as Backlash Mounts | The Defiant

The founder of Cap, a Franklin Templeton-backed stablecoin protocol, apologized for cutting a promised user reward to $4.2 million from the roughly $12 million the project had committed to in February, and denied accusations that he directed funds to a wallet linked to his former employer.

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