That's not true. Capabilities are in main memory as much as any other data. The tags are in separate memory (whether a wider SRAM, DRAM ECC bits, or a separate table off on the side in a fraction of memory that's managed by the memory controller; all three schemes have been implemented and have trade-offs). But this is also true of MTE; you do not want those tags in normal software-visible main memory either, they need to be protected.