Which blockchain does USDC operate on?
Re HiOct 19, 2022 · 3 years ago3 answers
Can you tell me which blockchain the USDC operates on? I'm curious about the underlying technology behind this stablecoin.
3 answers
- John WissJan 06, 2024 · 2 years agoUSDC operates on the Ethereum blockchain. It is an ERC-20 token, which means it follows the technical standards set by Ethereum. This allows USDC to benefit from the security and decentralization of the Ethereum network.
- Daniela Fernandez da CruzAug 03, 2021 · 4 years agoUSDC is built on top of the Ethereum blockchain. This choice was made because Ethereum is one of the most established and widely used blockchains in the cryptocurrency industry. By leveraging Ethereum's infrastructure, USDC can enjoy fast and secure transactions.
- G RYNov 14, 2021 · 4 years agoUSDC operates on the Ethereum blockchain. Ethereum has gained a lot of popularity in the crypto space due to its smart contract capabilities and large developer community. By choosing Ethereum, USDC ensures compatibility with a wide range of wallets and exchanges.
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