LayerZero Bridged USDC (Fantom) Logo

LayerZero Bridged USDC (Fantom) LZUSDC

LayerZero Bridged USDC (Fantom) header image

1. Summary

Ranks

Liquidity
84
Developer
-
Social
99
Momentum (beta)
77
Stack Rank™
-
Price
$0.95 -5.1%
Market Cap
$4.17M (#2176)
Supply
6.98M / 6.98M
Price
52W High price $1.03
52W High date 10th Sep 2024 (8 months ago)
All Time High (ATH) Date 19th Nov 2023 (1 year ago)
ATH Price $1.10
% From ATH -8.71%
All Time Low (ATL) Date 3rd Jan 2024 (1 year ago)
ATL Price $0.88
% From ATL 14.16%
Supply & Trading Volume
Trading Volume (24h) $36,681.00
Total Supply 6.98M
Circulating Supply 6.98M
Description

Bridged USD Coin (LayerZero)

Bridged USD Coin (LayerZero)

The Bridged USD Coin (LayerZero) is a stablecoin pegged to the US dollar on a 1:1 basis. It is fully collateralized by highly liquid cash and cash-equivalent assets. The token, represented by the symbol LZUSDC, is backed by a regulated digital currency that can be redeemed 1:1 for US dollars.

What Makes the Project Unique?

The project stands out due to its 1:1 peg to the US dollar, ensuring stable and reliable value. Additionally, it is backed by a diverse range of assets and regulated institutions, providing a high level of security and trustworthiness. Its wide support across multiple blockchain networks further enhances its use and adaptability.

History of the Project

The Bridged USD Coin was created to provide a stable digital alternative to traditional currency. It was first launched on Ethereum and later bridged to other blockchain networks.

What’s Next for the Project?

The project continues to expand its presence across various blockchain platforms and improve its use and accessibility. Ongoing development focuses on enhancing stability, security, and ease of use, paving the way for broader adoption in global financial markets.

What Can the Token Be Used For?

The Bridged USD Coin can be used for various purposes, including:

  • Rapid, global payments
  • Near-instant settlement of transactions
  • Storing value with stable liquidity
  • Integrating into applications and platforms for digital financial services
  • Enabling real-time financial market operations
  • Providing a stablestore of value for businesses and individuals

These features make it an efficient and reliable solution for a wide range of financial purposes.

2. Price

LZUSDC

2.1. Market Performance

How does LayerZero Bridged USDC (Fantom)'s (LZUSDC) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.7%

LZUSDC

-14.4%

Similar Market Cap

60 Day Return

-0.6%

LZUSDC

-28.4%

Similar Market Cap

1 Year Return

-0.7%

LZUSDC

-34.5%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users
Twitter followers 1,430
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://layerzero.network/
Explorer https://ftmscan.com/token/0x28a92dde19D9989F39A499...
Twitter @LayerZero_Labs

What is the correct contract address for LayerZero Bridged USDC (Fantom)?

Fantom 0x28a92dde19d9989f39a49905d7c9c2fac7799bdf

Has LayerZero Bridged USDC (Fantom) been audited for security?

No security audits found for this project.

Are you the owner of LayerZero Bridged USDC (Fantom)? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.