On which chain is USDC based?

3 answers

• sunjaihe sunNov 21, 2022 · 3 years ago
  USDC 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.
  319

  160
• Crystal EvansFeb 01, 2023 · 3 years ago
  USDC 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.
  390

  130
• Ryan SchnitgenNov 26, 2024 · 9 months ago
  USDC 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.
  401

  101