USDF-USDC (Convex)
USDFsource: StableLens reference & flow dataReport incorrect data
Frequently asked
Is USDF-USDC (Convex) FDIC or SIPC insured?
No. USDF-USDC (Convex) is a crypto earn product, not a bank deposit — the USDF is held and deployed by beefy, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~8% yield come from?
USDF-USDC (Convex) deploys the deposited USDF to generate the rate; it is variable, not fixed.
Is USDF safe?
USDF scores B-/63 on StableLens compliance. That is a methodology classification, not a guarantee — see the USDF report for reserves, attestations, and peg history.
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