Get a Ledger wallet
Select and purchase a Ledger wallet of your choice.
- Beginner in the crypto world? Get started with Ledger Nano S Plus™.
- Prefer a Bluetooth connection? Try with Ledger Nano X™.
Looking for a hardware wallet to secure your cUSDC? Join 6+ million customers who trust Ledger wallets to secure and manage their crypto.
Connect your Ledger hardware wallet to a compatible third-party wallet to secure and manage your cUSDC.
Ledger hardware wallet
Ledger hardware wallet stores your private keys and allow you to sign transactions offline, making them resistant to malicious attacks and threats.
Metamask
With Metamask, you can send/receive, swap cUSDC, view transaction history, and more.
Select and purchase a Ledger wallet of your choice.
With your Ledger hardware wallet connected to Metamask, you can review and sign transactions securely.
Compound USDC, or cUSDC, is a digital asset issued by Compound, a protocol for supplying or borrowing assets on the Ethereum blockchain. The Compound Protocol allows users to lend their cryptocurrency to earn interest. The abbreviation “cUSDC” is used as a shorthand for this asset.
The Compound Protocol offers a variety of loan pools for users to choose from when lending their cryptocurrency. When users deposit their funds in USDC, they will receive an equivalent amount of cUSDC, which is a digital asset issued by Compound. USDC is a stablecoin that maintains a value of 1:1 with the US dollar, while cUSDC is a representation of the deposited USDC on the Compound Protocol. Both USDC and cUSDC are based on the ERC20 standard and can be used on the Ethereum blockchain.
When you lend your USDC to the Compound Protocol, your original investment is protected by cUSDC and you will earn interest in cUSDC. While your funds are held in the protocol and earning interest, your original USDC cannot be traded or transferred. However, you can trade your cUSDC freely. When you decide to withdraw your investment and end your participation in the protocol, your cUSDC will be converted back to USDC and your original funds will be returned to you in the form of USDC coins.
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