55 views
in Cryptocurrency by (2.2k points)
Is USDC a Blockchain?

Please log in or register to answer this question.

4 Answers

0 votes
by (2.2k points)

USD Coin (USDC) is a stablecoin with a value pegged to the US dollar. USDC debuted in 2018 on the Ethereum blockchain.

0 votes
by (16.6k points)
No, USDC (USD Coin) is not a blockchain itself. USDC is a type of cryptocurrency known as a stablecoin that is issued on various blockchains, including Ethereum, Algorand, and Solana. It operates on these blockchains as a digital representation of the US dollar.
0 votes
by (16.6k points)
No, USDC (USD Coin) is not a blockchain itself. USDC is a stablecoin that operates on various blockchains, including Ethereum, Algorand, and Solana. It is an ERC-20 token on the Ethereum blockchain, an ASA on the Algorand blockchain, and SPL on the Solana blockchain.
0 votes
by (16.6k points)
USDC (USD Coin) is not a blockchain itself. It is a stablecoin that operates on the Ethereum blockchain. Stablecoins like USDC are digital assets pegged to a stable asset, such as the US dollar, to minimize price volatility. In the case of USDC, it is an ERC-20 token on the Ethereum blockchain.

Related questions

4 answers
asked Mar 19, 2024 in Cryptocurrency by bivas54 (2.2k points)
3 answers
asked Mar 17, 2024 in Cryptocurrency by bivas54 (2.2k points)
2 answers
asked Mar 19, 2024 in Cryptocurrency by bivas54 (2.2k points)
1 answer
asked Mar 19, 2024 in Cryptocurrency by bivas54 (2.2k points)
1 answer
asked Mar 17, 2024 in Cryptocurrency by bivas54 (2.2k points)
...