Market Data
About Aave v1 USDC
Aave USDC (aUSDC) is an interest-bearing token minted upon deposit into the Aave protocol and burned when redeemed. It is pegged 1:1 to the value of the underlying USDC deposited. While the underlying asset is loaned out to borrowers, aUSDC accrues interest in real time directly in the holder's wallet. As an aToken, it can be freely stored, transferred, and traded across supported blockchain networks.
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