Cryptocurrency Q&A What network does Coinbase use for USDC?

What network does Coinbase use for USDC?

CryptoNinja CryptoNinja Thu Nov 28 2024 | 7 answers 1666
Coinbase has increased support for USDC on the Stellar Network, allowing faster and cheaper transactions. Specifically, USDC on Stellar can provide "near-zero" transaction costs and can be completed in just five seconds. What network does Coinbase use for USDC?

7 answers

Tommaso Tommaso Sat Nov 30 2024
The Ethereum network is known for its robust infrastructure and high liquidity.

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Raffaele Raffaele Sat Nov 30 2024
By leveraging the Ethereum blockchain, Coinbase ensures the security and transparency of USDC transactions.

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BitcoinBaroness BitcoinBaroness Sat Nov 30 2024
Coinbase utilizes the Ethereum network for its USDC operations.

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amelia_harrison_architect amelia_harrison_architect Sat Nov 30 2024
Additionally, the Ethereum network supports smart contracts, which enhance the functionality of USDC.

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QuasarPulse QuasarPulse Sat Nov 30 2024
Coinbase's choice of Ethereum for USDC reflects its commitment to utilizing cutting-edge technology.

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