On which chain is USDC based?
shaheen shaheenDec 08, 2024 · a year ago3 answers
Can you tell me which blockchain USDC is based on? I'm curious to know the underlying technology behind this stablecoin.
3 answers
- sunjaihe sunMar 30, 2025 · 8 months agoUSDC is based on the Ethereum blockchain. It is an ERC-20 token, which means it follows the technical standards set by Ethereum. This allows for easy integration with other Ethereum-based projects and wallets. The use of Ethereum as the underlying chain provides USDC with a high level of security and decentralization.
- Crystal EvansApr 12, 2021 · 5 years agoUSDC is built on the Ethereum blockchain. This choice was made due to Ethereum's widespread adoption and robust infrastructure. By leveraging Ethereum's smart contract capabilities, USDC can ensure transparency and immutability of transactions. Additionally, being on Ethereum allows USDC to benefit from the vast ecosystem of decentralized applications and exchanges built on the platform.
- Ryan SchnitgenApr 04, 2024 · 2 years agoUSDC is based on the Ethereum blockchain, which is known for its scalability and security. By utilizing Ethereum, USDC can take advantage of its extensive network of nodes and miners, ensuring the stability and reliability of the stablecoin. Additionally, being on Ethereum allows for easy integration with various DeFi protocols and platforms, further enhancing the utility and accessibility of USDC.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331799How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04771Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13626ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 03384The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 03043PooCoin App: Your Guide to DeFi Charting and Trading
0 02472
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics