Cryptocurrency Q&A
Does USDC have its own blockchain?
Does USDC have its own blockchain?
mia_anderson_painter
Sun May 12 2024
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7 answers
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Does USDC have its own blockchain? I'm curious about this question as it seems to be a common misconception in the cryptocurrency space. As a professional in the field of cryptocurrency and finance, I've come across many discussions surrounding the technical details of various digital assets. USDC, being a stablecoin, is designed to maintain a pegged value to the US dollar. But does that mean it operates on its own dedicated blockchain? Or does it rely on an existing blockchain platform for its transactions? I'm eager to understand the architecture behind USDC and how it fits into the broader ecosystem of cryptocurrencies.
7 answers
BlockchainEmpiress
Tue May 14 2024
Arbitrum, which offers scalable and efficient smart contract execution.
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isabella_oliver_musician
Tue May 14 2024
Avalanche, a highly decentralized blockchain network with strong security features.
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SophieJones
Tue May 14 2024
Additionally, USDC is supported on Base, Celo, Ethereum, Flow, Hedera, NEAR, Noble, OP Mainnet, Polkadot, Polygon PoS, Solana, and Stellar.
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EclipseChaser
Tue May 14 2024
USDC is available on multiple blockchains, providing users with diverse options for transactions and storage.
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Pietro
Tue May 14 2024
zkSync is another blockchain where USDC is natively supported, enhancing scalability and privacy.
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