Bridged USDC (Rainbow Bridge) (USDC.E)
Details about Bridged USDC (Rainbow Bridge) cryptocurrency
Bridged USDC (Rainbow Bridge)
USDC.E
1+ (click to see list)
€1,318,830
0
Unknown
https://rainbowbridge.app/
@auroraisnear
Bridged USDC (Rainbow Bridge) price charts
USDC.E exchanges
Bridged USDC (Rainbow Bridge), the crypto
USD Coin (Rainbow Bridge) (USDC.E) is a cryptocurrency that is pegged to the US dollar. It is an ERC-20 token on the Ethereum blockchain, and is part of the Rainbow Bridge, which allows for the transfer of assets between the Ethereum and Telos blockchains.
The point
The main point of USD Coin (Rainbow Bridge) (USDC.E) is to provide a stablecoin that can be easily transferred between the Ethereum and Telos blockchains. This allows for fast and cheap transfers of funds, as well as enabling access to the variety of decentralized finance (DeFi) applications on both blockchains.
The problem
USD Coin (Rainbow Bridge) (USDC.E) tries to solve the problem of high fees and slow transaction times that currently exist on many blockchains. By enabling cross-chain transfers with a stablecoin, users can take advantage of the benefits of both Ethereum and Telos without dealing with the drawbacks of each blockchain individually.
Compare USDC.E and BTC performance
Timeframe | USDC.E | BTC |
---|---|---|
1h change | -0.61867 % | 0.540472 % |
24h change | 0.52 % | 1.35928 % |
7 day change | 0.42 % | 7.11285 % |
14 day change | 0.3 % | -1.59007 % |
30 day change | 0.1 % | 25.8729 % |
200 day change | -1.23 % | 172.53 % |
Year change | -0.44 % | 165.178 % |