yvUSDC is an interest-accruing token that represents a USDC deposit in the Yearn vault strategy
yvUSDC is a large-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Yearn, a protocol rated as Watch out.
yvUSDC is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.
yvUSDC has an uncapped supply but has inflation control or burn mechanisms in place. yvUSDC is a receipt of a USDC deposit in the Yearn vault strategy and accrues interest. USDC is backed 1:1 by USD reserves held with a licensed custodian (Circle).
yvUSDC is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.