Compound to Shut Down USDC Market on Scroll, Outstanding Loans to Be Liquidated in Coming Weeks

Odaily: Compound Foundation posted on X that the USDC market deployed by Compound on Scroll is about to be closed, after Scroll had asked users to address their DeFi positions. Compound reminds users who still have outstanding borrowings to repay their loans as soon as possible; in the coming weeks, all outstanding loans will face liquidation.