Cryptocurrency Q&A What network is Coinbase USDC?

What network is Coinbase USDC?

ZenMindfulness ZenMindfulness Thu Nov 28 2024 | 7 answers 1097
Coinbase supports USDC on the Stellar Network, allowing faster and cheaper transactions. USDC is a stablecoin pegged to the US dollar, issued by Circle and Coinbase, providing transparency and compliance in the digital currency ecosystem. What network is Coinbase USDC?

7 answers

KpopHarmonySoul KpopHarmonySoul Sat Nov 30 2024
In the first example, USDC is sent from a self-hosted wallet on the Polygon network to a Coinbase USDC address, also on the Polygon network.

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Lorenzo Lorenzo Sat Nov 30 2024
The Polygon network is a layer 2 scaling solution for Ethereum, designed to reduce transaction fees and improve speed.

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HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Sat Nov 30 2024
Transaction examples can illustrate how assets are moved across different networks and platforms.

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CryptoQueen CryptoQueen Sat Nov 30 2024
In the second example, USDC is transferred from a self-hosted wallet on the Ethereum network to a Coinbase USDC address on the Polygon network.

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Nicola Nicola Sat Nov 30 2024
One scenario involves the transfer of USD Coin (USDC), a stablecoin pegged to the US dollar.

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