Cryptocurrency Q&A
Is USDC built on Ethereum?
Is USDC built on Ethereum?
CryptoEnthusiast
Sun May 12 2024
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7 answers
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Could you clarify for me, is USDC indeed constructed upon the Ethereum blockchain? I've been hearing various discussions about this matter, and I'm eager to understand the technical foundation behind this popular stablecoin. Given its widespread acceptance and use in the cryptosphere, I'm particularly interested in understanding the role Ethereum plays in its operation. Would you mind shedding some light on this? Your expertise in the field of cryptocurrency and finance would be greatly appreciated in clearing up this confusion.
7 answers
CryptoAlly
Tue May 14 2024
It showcases robust liquidity, facilitating seamless transactions.
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SarahWilliams
Tue May 14 2024
The stablecoin is actively traded on numerous platforms, both centralized and decentralized.
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DondaejiDelight
Tue May 14 2024
USDC, the stablecoin, is firmly established on the Ethereum blockchain.
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Valentina
Tue May 14 2024
Its global reach spans across various exchanges and trading venues.
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Caterina
Tue May 14 2024
Its foundation lies in the ERC-20 standard, a widely embraced protocol in blockchain technology.
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