Bridged USDC
Networks
Supported exchanges
About the coin
Bridged USDC, symbolized as ARBUSDCE, is a digital asset that operates on the Arbitrum One network. It is identified by the contract address 0xff970a61a04b1ca14834a43f5de4533ebddb5cc8.
This token adheres to the ERC-20 standard, a widely adopted technical specification for fungible tokens on the Ethereum blockchain and its compatible networks, including Arbitrum One.
The ARBUSDCE token is characterized by its 18 decimal places, a common configuration for ERC-20 tokens that allows for precise fractional representation.
As a bridged asset, Bridged USDC represents a token that has been transferred or wrapped from one blockchain to another. In this case, it signifies a version of USDC that has been made available on the Arbitrum One network.
The primary function of such bridged assets is to enable interoperability between different blockchain ecosystems, allowing users to leverage assets from one chain within the environment of another.
Arbitrum One is a Layer 2 scaling solution for Ethereum. It aims to improve transaction speed and reduce costs by processing transactions off the main Ethereum chain while still benefiting from Ethereum's security guarantees.
The presence of bridged assets like ARBUSDCE on Arbitrum One facilitates increased utility and accessibility for users who wish to engage with these assets within the Arbitrum ecosystem.
This can include participating in decentralized finance (DeFi) applications, trading on decentralized exchanges (DEXs), or utilizing various services built on the Arbitrum network.
The ERC-20 standard ensures that ARBUSDCE is compatible with a wide range of wallets, exchanges, and decentralized applications that support this standard.
This broad compatibility is crucial for the seamless integration and usability of any token within the blockchain space.
The status of Bridged USDC (ARBUSDCE) is currently active, indicating that it is operational and available for use on the Arbitrum One network.
Understanding the nature of bridged assets is important for users, as it involves a process of wrapping or tokenizing an asset from its native chain onto another.
The ARBUSDCE token's existence on Arbitrum One highlights the growing trend of cross-chain solutions and the expansion of digital asset utility across multiple blockchain networks.
Users interacting with ARBUSDCE should be aware of the specific bridge or mechanism through which it was created and how it maintains its peg or value relative to its original counterpart, if applicable.
The contract address serves as a unique identifier for the ARBUSDCE token on the Arbitrum One blockchain, allowing for precise tracking and interaction with the token's smart contract.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are maintained from the current Gygaz market dataset for this asset.
About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.