- #576
cUSDC CUSDC
CUSDC Price
Market Cap
$61.03 MRank #576FDV
$61.03 MRank #3372Investors
Twitter Followers
Twitter Performance
1817Rank by Twitter #157- 0
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Detailed Performance
CUSDC shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
CUSDC to USD Converter
Price History
- All-Time High
- $0.059142.72x to ATH
- All-Time Low
- $0.0014415.09x to ATL
- Trade Launch Date
- 15 Dec, 2019
1594 days ago
Exchanges
Exchanges type
About CUSDC
cUSDC is a token that represents a user's ownership of the Compound protocol's USDC market. It is an interest-bearing token that can be earned by supplying USDC to the Compound protocol. By holding cUSDC, users can earn interest on their USDC balance on a continuous basis. The interest is accrued and distributed automatically, allowing users to passively grow their USDC holdings. cUSDC can also be used as collateral to borrow other supported assets on the Compound platform.
What makes cUSDC unique?
cUSDC is a unique cryptocurrency because it is a cToken, which represents a specific tokenized version of an underlying asset, in this case, USDC (a stablecoin pegged to the US dollar). cUSDC is issued by Compound, a decentralized lending protocol.
What sets cUSDC apart is that it allows users to earn interest on their USDC holdings by supplying them to the Compound protocol. When users deposit USDC into Compound, they receive an equivalent amount of cUSDC in return. The interest earned from lending out the USDC is automatically added to the user's cUSDC balance. This means that the value of cUSDC increases over time as the interest accrues.
Additionally, cUSDC can be easily transferred, traded, or used as collateral for borrowing other assets within the Compound ecosystem. This flexibility makes cUSDC a versatile cryptocurrency that combines the stability of a stablecoin with the ability to earn passive income and interact with various DeFi applications.
Live cUSDC Price Data
The current price of cUSDC (CUSDC) is approximately $0.02173, reflecting a decrease of -4.11% in the last 24 hours. The CUSDC trading volume in the last 24 hours stands at $215.53. cUSDC's market cap is currently $61.03 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of CUSDC is 2.81 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand cUSDC's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on CUSDC, check out our crypto insights page.
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CUSDC to USD Converter
Price History
- All-Time High
- $0.059142.72x to ATH
- All-Time Low
- $0.0014415.09x to ATL
- Trade Launch Date
- 15 Dec, 2019
1594 days ago