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News

Native USDC Now Seamlessly Available On Base Network

September 6, 2023 - Around 2 mins mins to read

Key Points:

  • Native USDC is now seamlessly available on the Base network, eliminating the need for bridging, with Circle officially issuing and backing the digital currency.
  • Users and developers on the Base network can easily access and utilize native USD Coin through Circle accounts and Circle API, fostering a more user-friendly and efficient cryptocurrency ecosystem.
Native USDC (USD Coin) is now effortlessly accessible on the Base network, eliminating the need for complex bridging processes. 
Native USDC Now Seamlessly Available On Base Network

This exciting integration, announced via the official Circle blog on September 5, extends the convenience and utility of USDC to developers and users within the Base network.

Circle, a trusted entity in the digital currency space, officially issues native USDC. This means that users can seamlessly exchange their native USD Coin for US dollars at a 1:1 ratio, underscoring its reliability and stability as a digital currency.

To access this token on the Base network, developers and users can utilize Circle accounts and Circle API, both of which fully support Base USDC. This user-friendly integration streamlines the process of incorporating USDC into transactions, providing a smoother experience for participants in the Base network ecosystem.

The token address for this native token on the Base network is as follows: 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913.

Base is also actively collaborating with its ecosystem partners to facilitate the seamless migration of liquidity from USDbC to USDC. This transition ensures that users can transition their assets smoothly and efficiently, enhancing their overall experience within the Base network.

In addition to Base’s efforts, Coinbase, a global digital asset exchange, is playing a pivotal role in this transition. Coinbase enables users to conveniently deposit USDbC and withdraw USD Coin to a digital wallet, including Coinbase Wallet, providing a straightforward gateway for users to access native USD Coin.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

News

Native USDC Now Seamlessly Available On Base Network

Key Points:

  • Native USDC is now seamlessly available on the Base network, eliminating the need for bridging, with Circle officially issuing and backing the digital currency.
  • Users and developers on the Base network can easily access and utilize native USD Coin through Circle accounts and Circle API, fostering a more user-friendly and efficient cryptocurrency ecosystem.
Native USDC (USD Coin) is now effortlessly accessible on the Base network, eliminating the need for complex bridging processes. 
Native USDC Now Seamlessly Available On Base Network

This exciting integration, announced via the official Circle blog on September 5, extends the convenience and utility of USDC to developers and users within the Base network.

Circle, a trusted entity in the digital currency space, officially issues native USDC. This means that users can seamlessly exchange their native USD Coin for US dollars at a 1:1 ratio, underscoring its reliability and stability as a digital currency.

To access this token on the Base network, developers and users can utilize Circle accounts and Circle API, both of which fully support Base USDC. This user-friendly integration streamlines the process of incorporating USDC into transactions, providing a smoother experience for participants in the Base network ecosystem.

The token address for this native token on the Base network is as follows: 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913.

Base is also actively collaborating with its ecosystem partners to facilitate the seamless migration of liquidity from USDbC to USDC. This transition ensures that users can transition their assets smoothly and efficiently, enhancing their overall experience within the Base network.

In addition to Base’s efforts, Coinbase, a global digital asset exchange, is playing a pivotal role in this transition. Coinbase enables users to conveniently deposit USDbC and withdraw USD Coin to a digital wallet, including Coinbase Wallet, providing a straightforward gateway for users to access native USD Coin.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.