[Compound to Shut Down USDC Market on Scroll] According to TechFlow, on November 8th, the Compound Foundation announced that its USDC market deployed on Scroll will be shut down, and borrowers should repay their loans as soon as possible. The Foundation stated that outstanding loans will be liquidated in the coming weeks; suppliers can withdraw funds as loans are repaid or liquidated. This announcement was made on November 6th, after Scroll had previously asked users to manage their DeFi positions.