Cryptocurrency Q&A
Does Coinbase use ERC-20 for USDC?
Does Coinbase use ERC-20 for USDC?
CryptoMagician
Fri Apr 18 2025
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7
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I'm wondering if Coinbase utilizes the ERC-20 standard for their USDC stablecoin. I'm specifically interested in the technical aspects of how Coinbase implements USDC on the Ethereum network using ERC-20.
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7 answers
SophieJones
Sun Apr 20 2025
Coinbase Wallet offers an extensive range of assets that users can manage and trade.
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KpopStarlight
Sat Apr 19 2025
Polygon is another EVM-compatible chain that is supported by Coinbase Wallet. Polygon focuses on solving scalability issues on Ethereum by providing a framework for building and connecting Ethereum-compatible blockchain networks.
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CryptoElite
Sat Apr 19 2025
Among the supported assets, it includes all ERC-20 tokens, which are tokens built on the Ethereum blockchain that adhere to specific technical standards.
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NebulaNavigator
Sat Apr 19 2025
Stablecoins are also supported by Coinbase Wallet. Stablecoins are cryptocurrencies that are designed to have a stable value, often pegged to a traditional currency like the US dollar.
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KimchiQueenCharm
Sat Apr 19 2025
USDC is a stablecoin that is supported by Coinbase Wallet. It is issued by Circle, a financial technology company, and is backed by a reserve of US dollars held in banks and regulated financial institutions.
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