Introduction
Lending USDC can be an excellent option for those who wish to hold USDC while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain USDC (USDC) Tokens
To lend USDC, you need to possess it. To obtain USDC, you'll need to purchase it. You can choose from these popular exchanges in the UK.
2. Choose a USDC Lender in the UK
Once you have USDC, you'll need to choose a USDC lending platform to lend your tokens. You can see some options here.
View all 61 loan ratesPlatform Coin AER Nexo USDC (USDC) Up to 14% AER Nebeus USDC (USDC) Up to 13% AER EarnPark USDC (USDC) Up to 5% AER YouHodler USDC (USDC) Up to 20% AER Syrup USDC (USDC) Up to 10.48% AER Neverless USDC (USDC) Up to 14% AER 3. Earn USDC
Once you've selected a platform to earn your USDC, transfer your USDC into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
USDC (USDC) is currently priced at US$10.48 with a 24-hour trading volume of US$6.04B. In the last 24 hours, USDC has seen an increase of 0.01%. The market cap of USDC stands at US$45.41B, with 45.41B USDC in circulation. For those looking to buy or trade USDC, Nexo offers avenues to do so securely and efficiently
- Market capitalisation
- US$45.41B
- 24-hour volume
- US$6.04B
- Circulating supply
- 45.41B USDC



