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Easily convert USD to COMP with ConvertOnline's efficient tool.
The United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve currency. It serves as a medium of exchange, a unit of account, and a store of value, facilitating international trade and investment.
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.