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Which chain does usdc belong to?

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2024-04-29 16:00:141140browse

USDC is a cross-chain stablecoin that runs on the following blockchain: Ethereum StellarTRONAlgorand

Which chain does usdc belong to?

USDC’s own blockchain

Terra USD (USDC) is a stablecoin pegged to the US dollar, issued by Circle. It runs on multiple blockchains, including:

  • Ethereum: USDC was originally issued on the Ethereum blockchain. It leverages the ERC-20 token standard and can interact with other Ethereum-based applications and wallets.
  • Stellar: USDC is also available on the Stellar blockchain, which provides a faster and more cost-effective trading platform than Ethereum.
  • TRON: USDC is also available on the TRON blockchain, which is known for its high throughput and low transaction fees.
  • Algorand: USDC is also launching on the Algorand blockchain, which is known for its speed, scalability, and security.

Therefore, USDC is a cross-chain stablecoin that runs on the Ethereum, Stellar, TRON, and Algorand blockchains. This multi-chain support enables USDC to interoperate across different ecosystems and applications, increasing its use and adoption.

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