USDC is a USD-pegged stablecoin on Mode, bridged from Ethereum for fast, low-cost DeFi and dApp transactions. More
| Fully Diluted Valuation | $1.59M |
|---|---|
| 24H Trading Volume | $98,963 |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 1.59M |
| Total Supply | 1.59M |
| Max Supply | ∞ |
| Categories | Bridged USDC 3 more |
|---|---|
| Founder | Jeremy Allaire 2 more |
| Website | mode.network Whitepaper |
| Socials | 3 more |
| Chains | Mode Ecosystem |
| Explorer | Modescan 1 more |
| Contracts |
0xd98....6005f
|
| Name | Pair | OG Score |
|---|
Mode Bridged USDC ($USDC) is a decentralized stablecoin on the Mode blockchain, an Ethereum Layer-2 network built using the Optimism Stack, designed to enhance scalability with low-cost, high-speed transactions while maintaining Ethereum’s security. Pegged 1:1 to the U.S. dollar, $USDC is bridged from Ethereum’s native USDC via Mode’s canonical bridge, a fork of Optimism’s bridging system, allowing seamless asset transfers between Mode and Ethereum mainnet.
This bridged stablecoin, adhering to Circle’s Bridged USDC Standard, enables users to utilize USDC’s stability in Mode’s ecosystem, which focuses on decentralized finance (DeFi), artificial intelligence (AI) agents, and developer-friendly dApps. $USDC is widely used for trading, liquidity provision, and lending on platforms like Velodrome Finance Slipstream, SwapMode, and Kim V4, where it pairs with assets like WETH or USDT. The bridging process locks USDC on Ethereum to mint $USDC on Mode, with the reverse redeeming the original asset, ensuring full collateralization backed by Circle’s reserves
. Mode’s infrastructure supports native account abstraction, simplifying user interactions with gasless transactions, making $USDC ideal for microtransactions and scalable applications. Security is reinforced through audited bridge contracts and Mode’s decentralized sequencer, though users should verify contract addresses to avoid risks. The token aligns with Mode’s mission to foster economic freedom, offering a stable medium for payments, remittances, and DeFi innovation, with potential for future native USDC issuance as the ecosystem grows.
$USDC on Mode uniquely leverages a Layer-2 Optimism fork for ultra-low fees and fast DeFi transactions, bridged via Circle’s Standard, with native account abstraction enhancing usability for dApps and AI-driven platforms.
The founders are anonymous, with $USDC issued by Circle, led by Jeremy Allaire and Dante Disparte, and bridged by Mode’s team under James Ross, without specific individuals named for the bridging process.
Backers are not explicitly disclosed, but Circle is supported by Goldman Sachs and Fidelity, while Mode’s ecosystem includes venture support from firms like Balderton Capital and angel investors like Naval Ravikant.
Join
OGAudit
