The blockchain of choice can also affect transaction times. Different blockchains have different confirmation times and processing speeds. Some blockchains are designed to be faster and more efficient than others, which can impact how long it takes for a transaction to be completed.
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DanielaThu Apr 10 2025
The transaction times for USDC can vary significantly. This is due to several factors that play a role in determining how long it takes for a transaction to be completed.
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RaffaeleThu Apr 10 2025
In some cases, USDC transactions can be near-instantaneous. This is especially true when network congestion is low, gas prices are reasonable, and the blockchain being used has fast confirmation times.
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SaraThu Apr 10 2025
One of the main factors affecting USDC transaction times is network congestion. When there are a large number of transactions being processed on the blockchain, it can cause delays. This is because each transaction needs to be verified and added to the blockchain in a specific order.
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DondaejiDelightfulCharmThu Apr 10 2025
However, in other cases, USDC transactions can take more than 20 minutes to complete. This is more likely to happen when network congestion is high, gas prices are skyrocketing, or the blockchain being used has slower confirmation times.