I'm curious to know, which blockchain network does the USD Coin, or USDC, utilize? As a professional in the field of cryptocurrency and finance, I'm well aware of the significance of understanding the underlying technology that supports a particular digital asset. USDC, being a stablecoin pegged to the value of the US dollar, surely operates on a trusted and secure network. Could you elaborate on this aspect? It would greatly assist me in gaining a deeper understanding of its functionality and potential applications within the crypto ecosystem. Thank you for your insights.
6 answers
MountFujiVista
Wed May 15 2024
USDC can be sent and received by Ethereum wallets or exchanges.
Elena
Tue May 14 2024
These include Algorand, Solana, Stellar, TRON, and Flow.
PulseWind
Tue May 14 2024
BTCC is a UK-based cryptocurrency exchange offering a range of services.
SolitudeSeeker
Tue May 14 2024
These wallets and exchanges must be ERC-20 compatible.
DigitalWarrior
Tue May 14 2024
However, the usage of USD Coin is not confined to the Ethereum network alone.