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Does USDC pay monthly?

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The higher your USDC balance, the more rewards you earn. Rewards accrue daily based on your balance on the day, and the rewards rate you are earning. Accrued rewards are typically distributed within the first 5 business days of the following month into your USDC balance.

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USDC, which stands for USD Coin, is a stablecoin that is pegged to the US dollar on a 1:1 ratio. As a stablecoin, USDC does not pay monthly interest or dividends like some other types of investments. Its value is designed to remain stable and not fluctuate like cryptocurrencies.

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