Binance Bridged USDC BNB Smart Chain $USDC is a stablecoin pegged to the US dollar for use on the BNB Smart Chain. More
Fully Diluted Valuation | $1.05B |
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24H Trading Volume | $285.70M |
24H Low / High | $1.00 / $ 1.00 |
Circulating Supply | 1.05 B |
Total Supply | 1.05 B |
Max Supply | ∞ |
Categories | Bridged USDC 3 more |
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Founder | Anonymous |
Website | bscscan.com |
Socials | |
Chains | Binance-smart-chain Ecosystem |
Explorer | Binplorer 2 more |
Contracts |
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Name | Pair | OG Score |
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Binance Bridged USDC (BNB Smart Chain) $USDC represents a bridged version of the native USDC stablecoin, specifically designed to operate within the BNB Smart Chain ecosystem. This innovative solution enables seamless integration of the widely recognized USDC stablecoin into the decentralized landscape of the Binance ecosystem. The project’s primary goal is to deliver a stable, efficient, and accessible financial tool that supports a variety of use cases while remaining compatible with the BNB Smart Chain infrastructure.
As a stablecoin, Binance Bridged USDC (BNB Smart Chain) $USDC maintains its value pegged to the US dollar, offering a secure and reliable medium of exchange, store of value, and unit of account for decentralized applications (dApps), blockchain-based projects, and individual users.
Features and Use Cases
Binance Bridged USDC (BNB Smart Chain) $USDC offers several features and use cases that strengthen its position within the BNB Smart Chain ecosystem:
Fast and Cost-Effective Transactions
By leveraging the BNB Smart Chain infrastructure, Binance Bridged USDC (BNB Smart Chain) $USDC allows users to conduct transactions with minimal fees and high speed. This makes it ideal for applications requiring efficient and economical transactional capabilities.
Interoperability
As a bridged version of the native USDC, Binance Bridged USDC (BNB Smart Chain) $USDC connects the BNB Smart Chain with other blockchain ecosystems. This interoperability enables developers and users to move assets effortlessly across chains, enhancing liquidity and fostering collaboration between projects.
Stablecoin Utility
Binance Bridged USDC (BNB Smart Chain) $USDC serves as a reliable store of value, mitigating volatility risks typically associated with cryptocurrencies. Its stability encourages its use in payments, remittances, decentralized finance (DeFi) applications, and hedging mechanisms.
DeFi Integration
The stablecoin is widely accepted within DeFi platforms operating on the BNB Smart Chain. Binance Bridged USDC (BNB Smart Chain) $USDC serves as collateral for loans, liquidity in Automated Market Makers (AMMs), and a medium of trade in decentralized exchanges (DEXs).
Payments and Settlements
Both individuals and businesses can use Binance Bridged USDC (BNB Smart Chain) $USDC for quick and reliable cross-border payments, offering a stable alternative to volatile cryptocurrencies.
Conclusion
Binance Bridged USDC (BNB Smart Chain) $USDC stands as a pivotal asset within the BNB Smart Chain ecosystem. With its stable value, fast transactions, and broad utility across DeFi and payment applications, it provides users with a reliable and efficient financial tool. Backed by Binance and aligned with the trusted reputation of USDC, Binance Bridged USDC (BNB Smart Chain) $USDC continues to accelerate the adoption of decentralized financial solutions across the crypto landscape.
Binance Bridged USDC BNB Smart Chain $USDC connects the stablecoin USDC with the BNB Smart Chain, offering fast, cost-effective transactions and interoperability for decentralized applications.
The founders are anonymous.
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