cUSDC wallet

The best cold wallet for your cUSDC coins

Secure your cUSDC assets with the most trusted cryptocurrency wallet. Cold storage wallets are encrypted devices that store your cUSDC tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.

Discover our hardware wallet

What is cUSDC?

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.

What is a cUSDC wallet?

To store and manage cUSDC, you need a compatible hardware wallet.Manage your tokens with a compatible third-party wallet while keeping them safe with a Ledger device:

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Third-Party Wallet

Third-party wallet allows you to buy, send/receive, and swap cUSDC, view transaction history, and more, depending on its capabilities.

How to get a cUSDC hardware wallet?

Get Ledger Nano

Select and purchase a Ledger cold wallet of your choice. Beginner in the crypto world? Get started with Nano S Plus. Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano Compare Ledger hardware wallet

Download and install extension

Download and install a compatible third-party wallet that lets you manage your cUSDC.

Download Metamask extension

Connect your Ledger Nano to your Metamask

Connect your Ledger Nano to a computer/smartphone and unlock it.
Open your wallet extension.
Connect your Metamask to Ledger Nano.

You’re all set, you can now use your Metamask and receive cUSDC!

Buy, manage, and stake cUSDC at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy, send/receive, (swap), and stake cUSDC to generate passive income. Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

The best way to keep your cUSDC coins secure

Secure multiple assets, including cUSDC using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.