Question

Is USDC its own blockchain?

Answer 1

No, USDC (USD Coin) is not its own blockchain. It is a stablecoin that operates on different blockchains such as Ethereum, Algorand, and Solana. USDC is an ERC-20 token on the Ethereum blockchain and an ASA (Algorand Standard Asset) on the Algorand blockchain.

Answer 2

No, USDC (USD Coin) is not its own blockchain. It is a stablecoin that operates on various blockchain networks such as Ethereum, Algorand, and Solana.

Answer 3

No, USDC (USD Coin) is not its own blockchain. USDC is a stablecoin that operates on existing blockchains, such as Ethereum and Algorand. It is an ERC-20 token on the Ethereum blockchain and also exists on the Algorand blockchain. This allows USDC to benefit from the security, scalability, and decentralization of these existing blockchains.