Cryptocurrency Q&A
Is USDC ETH based?
Is USDC ETH based?
Giulia
Mon Nov 25 2024
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7 answers
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I'm trying to understand if USDC is based on the Ethereum network. I want to know if it's built on top of ETH or if it's a completely separate entity. Can someone clarify this for me?
7 answers
Enrico
Wed Nov 27 2024
To understand this better, we need to explore the concept of native tokens. Native tokens are those that are built directly on a specific blockchain and are not issued through other platforms or chains.
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Ilaria
Wed Nov 27 2024
In the case of USDC on Ethereum, it is a token that exists natively on the Ethereum blockchain, meaning it was created and is managed directly on this network.
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benjamin_rose_author
Wed Nov 27 2024
USDC on Ethereum holds a special status within the cryptocurrency domain.
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Riccardo
Wed Nov 27 2024
For those interested in finding the token address of USDC on Ethereum, it is indeed available and can be accessed through various blockchain explorers.
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Tommaso
Wed Nov 27 2024
When we ask if USDC on Ethereum is a native form of USDC, the answer is affirmative.
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