Which blockchain network supports USDC on Coinbase?

3 answers

• Feb 17, 2022 · 3 years ago
  USDC on Coinbase is supported by the Ethereum blockchain network. Ethereum is a decentralized blockchain platform that enables the creation and execution of smart contracts. USDC, which stands for USD Coin, is an ERC-20 token built on the Ethereum blockchain. It is pegged to the value of the US dollar and can be used for various purposes such as payments and transfers on the Coinbase platform.
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• Feb 17, 2022 · 3 years ago
  Sure thing! USDC on Coinbase is powered by the Ethereum blockchain. Ethereum is one of the most popular blockchain networks and supports the creation of decentralized applications and smart contracts. USDC is an ERC-20 token, which means it follows a set of standards on the Ethereum network. This ensures compatibility and interoperability with other Ethereum-based projects and wallets.
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• Feb 17, 2022 · 3 years ago
  USDC on Coinbase is backed by the Ethereum blockchain network. Ethereum is a decentralized platform that enables developers to build and deploy smart contracts. USDC is an ERC-20 token, which means it follows a specific set of rules and standards on the Ethereum network. This allows for easy integration with other Ethereum-based applications and wallets. If you're interested in exploring more blockchain networks, you can also check out BYDFi, which offers a unique approach to decentralized finance.
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