Market Data
About Compound USDC
cUSDC is an interest-bearing token issued by the Compound protocol. When users supply USD Coin (USDC) to the Compound market, they receive cUSDC in exchange, which represents their liquidity position and accrues interest over time based on the supply and demand for USDC within the protocol. As an ERC-20 token on the Ethereum blockchain, cUSDC can be traded, transferred, or used in other DeFi applications while continuing to earn yield.
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