Which blockchain is USDC built on?
san yinDec 30, 2021 · 3 years ago3 answers
Can you tell me which blockchain the USDC stablecoin is built on? I'm curious to know the underlying technology behind it.
3 answers
- Dec 30, 2021 · 3 years agoUSDC, which stands for USD Coin, is built 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 Ethereum-based applications and wallets. The use of the Ethereum blockchain provides transparency and security to the USDC ecosystem.
- Dec 30, 2021 · 3 years agoUSDC is built on 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 benefits from its robustness and network effects.
- Dec 30, 2021 · 3 years agoUSDC is built on the Ethereum blockchain. Ethereum has gained significant traction 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 decentralized applications and exchanges.
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