What is Compound USD Coin (CUSDC)?

Compound USD Coin crypto token

Peer-to-peer protocols facilitate collateralized and uncollateralized loans directly between market participants. Unfortunately, decentralization forces significant costs and frictions onto users; in every protocol reviewed, lenders are required to post, manage, and (in the event of collateralized loans) supervise loan offers and active loans, and loan fulfillment is often slow & asynchronous (loans have to be […]