Question 1

What is USDC.e?

Accepted Answer

USDC.e is a version of the USDC stablecoin that has been bridged from the Ethereum blockchain to the Avalanche blockchain via the Avalanche Bridge. This token maintains a 1:1 ratio with the US dollar, offering the stability and reliability of USDC while leveraging the operational efficiencies of the Avalanche network. The "e" in USDC.e indicates that this token was originally an ERC-20 token on Ethereum before its transition to Avalanche.

Question 2

What is USDC.e used for?

Accepted Answer

USDC.e is extensively used within the Avalanche ecosystem for various financial activities including trading, lending, and providing liquidity in decentralized finance (DeFi) platforms. It benefits from lower transaction fees and faster processing times on Avalanche compared to Ethereum, making it a preferred asset for users looking for efficiency and cost-effectiveness in their blockchain transactions.

Question 3

Who created USDC.e?

Accepted Answer

The bridging of USDC to Avalanche, resulting in USDC.e, was enabled by the Avalanche Bridge, developed by Ava Labs. This bridge utilizes Intel SGX technology to ensure secure and efficient asset transfer. Managed by a consortium of trusted partners known as Wardens, the bridge maintains the integrity and security of cross-chain transfers, underpinning the token’s reliability in the Avalanche ecosystem.


USDCE	ERC20	AVAX	0xa7d7079b0fead91f3e65f86e8915cb59c1a4c664	2021-08-24
USDCEAV	BEP20	BNB	0xc1f47175d96fe7c4cd5370552e5954f384e3c791	2021-12-30
USDCEAV	SPL	SOL	AGqKX7F4mqJ8x2mUQVangJb5pWQJApaKoUfe5gXM53CV	2021-12-24
USDCEAV	CW20	LUNA	terra1pvel56a2hs93yd429pzv9zp5aptcjg5ulhkz7w	2026-11-07
USDCEAV	ERC20	ROSE	0x05cbe6319dcc937bdbdf0931466f4ffd0d392b47	2022-01-22