Clear letters but with a higher opacity than background?
How do I make letters like this, with a different opacity than the background?

How do I make letters like this, with a different opacity than the background?

This can be done with a few methods, but I am going to describe the method that (I feel) will produce the closest result to your example.
The image is placed without any effect. On top of image will be a compound frame. This will be created by setting the text, outline the text, place a frame over the outlined text, and make a compound. One note, the compound may not be created correctly at first. But if you select a point of the element and reverse the path, this will normally fix the compound. Colorize the compound white, and place over image. Adjust the transparency of compound.

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