syrupUSDC
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About syrupUSDC
Analysis of 7 Feb 2026SyrupUSDC is Maple Finance's yield-bearing stablecoin that enables users to earn institutional-grade DeFi returns while maintaining USD peg stability. Launched in May 2024, syrupUSDC deposits USDC into fixed-rate, overcollateralized institutional lending pools managed by Maple Finance.
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As of late December 2025, syrupUSDC reached $2.66 billion in AUM (63% of Maple's $4.2 billion total deposits), representing 701% year-to-date growth. On January 22, 2026, Maple launched syrupUSDC on Coinbase's Base network with Chainlink CCIP integration for cross-chain interoperability, expanding its presence to four major chains (Ethereum, Solana, Arbitrum, Base).
An Aave V3 Base governance proposal is live to enable syrupUSDC as collateral. The protocol consistently delivers 8% APY from institutional borrowers, outperforming traditional DeFi lending yields of 5-6%.
Maple announced Builder Codes for 2026, allowing partners to autonomously integrate syrupUSDC into mainstream platforms. The protocol targets $100M in annual recurring revenue by end-2026 and a simplified Syrup.fi yield product with $2B TVL target.