What is USDC ERC20? Understanding Ethereum's Leading Stablecoin
- USDC ERC20 is a dollar-backed stablecoin issued by Circle on the Ethereum blockchain following the ERC-20 token standard.
- Every USDC token is backed 1:1 by cash and short-term US Treasury bonds held in regulated reserves with monthly independent audits.
- The official USDC ERC20 contract address on Ethereum is 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48, verifiable on Etherscan.
- USDC ERC20 requires ETH for gas fees when transferring on the Ethereum network, with fees varying based on network congestion.
- Compatible wallets include MetaMask, Coinbase Wallet, and hardware wallets like Ledger that support ERC-20 tokens.
- Always verify you're using the correct network (ERC20/Ethereum) when withdrawing USDC from exchanges to avoid losing funds.
What is USDC ERC20?
USDC ERC20 Contract Address and Blockchain Explorer
How to Use USDC ERC20 Wallet and Network
Trading USDC ERC20 on Cryptocurrency Exchanges
Common Questions About USDC ERC20
Conclusion
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