Cryptocurrency Q&A
Does USDC have a blockchain?
Does USDC have a blockchain?
Eleonora
Mon May 13 2024
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6 answers
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Does USDC Have a Blockchain?
Hello, I'm curious about something related to cryptocurrencies. Could you please clarify for me if USDC, the stablecoin backed by the US dollar, possesses its own blockchain? I've heard different opinions about this, and I'm a bit confused. Some say it's issued on the Ethereum blockchain, while others mention other platforms. Could you enlighten me on this matter? I'm particularly interested in understanding the technicalities behind it and how it affects its functionality and usability. Thank you for your time and assistance in this matter.
6 answers
CryptoVeteran
Wed May 15 2024
USDC, a popular stablecoin, is seeing increasing integrations across various blockchain networks.
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Sara
Tue May 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a diverse range of services to its users.
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KatanaSwordsmanship
Tue May 14 2024
For blockchains that are compatible with the Ethereum Virtual Machine (EVM) and Flow, USDC is deployed through smart contracts.
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BitcoinBaron
Tue May 14 2024
On the other hand, for non-EVM chains, USDC utilizes built-in token primitives for deployment.
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KimonoElegance
Tue May 14 2024
Algorand, renowned for its decentralization, scalability, and security, is one of the leading blockchain infrastructures globally.
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