Lend using Ledger Live

Today, we’re excited to introduce the new Ledger lending feature to the world! This gives you access to Compound lending services directly through Ledger Live: you can now lend your USDT, USDC or DAI and earn interest for it! By lending stablecoins, you are able to grow your assets without the variation risk that you usually have with crypto.

So, how does this Compound service really work?

Compound is a completely decentralized and open-source protocol that gives you the possibility to lend digital assets. Here is a quick explanation of how lending with Compound works: