USDC

USDC is issued by Circle and is redeemable one-for-one for US dollars. It's popular with regulated businesses and in DeFi, and Circle publishes regular attestations of its reserves.

Like USDT, USDC is a separate token on each network. There's also a difference between native USDC, issued by Circle on that network, and bridged USDC, often called USDC.e, which is a token created by a bridge to represent USDC held on another network. They're different contracts and not interchangeable without converting.

Things to know

• Circle can freeze addresses. Like most fiat-backed stablecoins, the USDC contract lets its issuer block an address, for example under a court order or sanctions.
• Moving between networks. Circle's Cross-Chain Transfer Protocol (CCTP) burns native USDC on one network and mints it on another, so it stays native on both, unlike a wrapping bridge.
• Decimals vary: 6 on Ethereum and Base, 18 on BNB Chain. See token decimals.

On Valtu

USDC is supported on Ethereum, Base, BNB Chain and Polygon, and bridged USDC.e on Polygon and Lisk. Each is listed with its own contract on its coin page. Base is a common choice for USDC because fees are low and USDC there is native.