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Easily convert COMP to XUSD with ConvertOnline's efficient tool.
Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. By utilizing smart contracts on the Ethereum blockchain, Compound enables users to earn interest on their crypto assets or take out loans against them without the need for traditional intermediaries.
StraitsX USD (XUSD) is a stablecoin designed to provide a reliable digital currency option pegged to the US dollar. It aims to facilitate seamless transactions and enhance the efficiency of cross-border payments while maintaining stability in value.