Is there a maximum amount of cUSDC that can be issued?
Yes, there is a maximum amount of cUSDC that can be issued.
The total supply of cUSDC is capped at 2 billion tokens. This limit was set to ensure that the token remains scarce and its value is not diluted by an excessive amount of tokens being issued. The maximum supply of cUSDC will never be exceeded, as it is a fixed number that cannot be changed.
The issuance of cUSDC tokens is regulated by the Compound protocol, which is an open-source protocol for creating and managing decentralized financial products. The protocol ensures that only authorized users can issue new cUSDC tokens, and it also sets limits on how much can be issued at any given time. This helps to ensure that the token remains scarce and its value does not become diluted due to excessive issuance.
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