I'm wondering if the USDC coin offered by Coinbase is based on the ERC-20 standard. I know that ERC-20 is a common token standard on the
Ethereum blockchain, and I want to confirm if Coinbase's USDC follows this standard.
7 answers
Leonardo
Thu Dec 05 2024
USDC functions as a digital asset within the
Ethereum network.
Elena
Thu Dec 05 2024
It adheres to the ERC-20 standard, which defines a set of rules for tokens on the Ethereum blockchain.
Lucia
Thu Dec 05 2024
The ERC-20 standard ensures compatibility and interoperability among various decentralized applications and services.
ShintoMystery
Thu Dec 05 2024
USDC leverages the Ethereum blockchain's decentralized and secure nature.
CryptoPioneer
Wed Dec 04 2024
This allows for transparent and traceable transactions.