I've encountered the term USDC E and I'm not sure what it stands for. I've heard of USDC before, but the 'E' at the end has me confused. What does this variant of USDC signify?
The concept involves understanding that USDC.e on Avalanche is a variant of the Ethereum-based USDC.
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BiancaMon Apr 14 2025
In contrast, USDC.e is the equivalent token but exists natively on the Avalanche blockchain. This distinction is essential as it impacts the functionality and usage of the token within the Avalanche ecosystem.
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MargheritaMon Apr 14 2025
The introduction of USDC.e on Avalanche offers several benefits, including faster transaction speeds and lower fees compared to transactions on the Ethereum blockchain.
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SamsungSparkMon Apr 14 2025
This particular form of USDC has undergone a process known as bridging, which allows it to be transferred from the Ethereum blockchain to the Avalanche blockchain.
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MariaMon Apr 14 2025
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