On which blockchain is USDC's infrastructure based?
LovieHealy2Dec 17, 2021 · 3 years ago3 answers
Can you tell me which blockchain USDC's infrastructure is based on? I'm curious to know the underlying technology behind USDC.
3 answers
- Dec 17, 2021 · 3 years agoUSDC's infrastructure is based on the Ethereum blockchain. Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications. USDC leverages the Ethereum blockchain's security and scalability to provide a stablecoin that can be easily transferred and used in various applications.
- Dec 17, 2021 · 3 years agoUSDC is built on the Ethereum blockchain. Ethereum is a popular blockchain platform known for its smart contract functionality. By utilizing Ethereum's infrastructure, USDC benefits from its robust security and wide adoption in the cryptocurrency ecosystem. This ensures that USDC transactions are secure and can be easily integrated into various decentralized applications.
- Dec 17, 2021 · 3 years agoUSDC's infrastructure is based on the Ethereum blockchain. Ethereum is a leading blockchain platform that supports the development of decentralized applications and smart contracts. By leveraging Ethereum's infrastructure, USDC provides a stable and reliable digital currency that can be used for various purposes, such as remittances, trading, and decentralized finance (DeFi) applications. USDC's integration with Ethereum also allows for easy interoperability with other Ethereum-based tokens and platforms.
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