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What network does USDC run on?

avatarNoura AMSAGUINENov 26, 2021 · 3 years ago3 answers

What is the underlying network that USDC, the stablecoin, operates on?

What network does USDC run on?
USDC
Stablecoin
Cryptocurrency

3 answers

  • avatarNov 26, 2021 · 3 years ago
    USDC, which stands for USD Coin, operates on the Ethereum network. It is an ERC-20 token, which means it follows the technical standards set by Ethereum. This allows USDC to benefit from the security, transparency, and decentralization of the Ethereum blockchain.
  • avatarNov 26, 2021 · 3 years ago
    USDC runs on the Ethereum network, which is one of the most popular and widely used blockchain networks in the cryptocurrency industry. By leveraging the Ethereum network, USDC ensures fast and secure transactions, as well as compatibility with various decentralized applications and smart contracts.
  • avatarNov 26, 2021 · 3 years ago
    USDC is built on the Ethereum network, which provides a robust and reliable infrastructure for the stablecoin. The Ethereum network has a large and active community of developers, which contributes to the continuous improvement and innovation of USDC. Additionally, being on the Ethereum network allows USDC to easily integrate with other Ethereum-based projects and platforms.

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