cUSDC wallet

The right hardware wallet for your cUSDC

Looking for a hardware wallet to secure your cUSDC? Join 6+ million customers who trust Ledger wallets to secure and manage their crypto.

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Secure your cUSDC

Trusted by over 7 million customers

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How to secure your cUSDC ?

Connect your Ledger hardware wallet to a compatible third-party wallet to secure and manage your cUSDC.

Get a Ledger wallet

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.

How to get a cUSDC wallet?

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™.

Buy a Ledger

Connect your Ledger device to Metamask

Visit the official Metamask website and download and install Metamask.
Connect your Ledger Nano to Metamask.

Start your cUSDC journey securely

With your Ledger hardware wallet connected to Metamask, you can review and sign transactions securely.

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.

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