Arbitrum Bridged USDC (Arbitrum) USDC.E

1. Summary

Ranks

Liquidity

50

Developer

-

Social

11

Momentum (beta)

81

Stack Rank™

-

Price

$1.00 +0.3%

Market Cap

$93.59M (#455)

Supply

112.05M / 112.05M

Tags

Arbitrum Ecosystem Bridged USDC Bridged-Tokens Bridged Stablecoins

More Metrics

Price
52W High price	$1.01
52W High date	20th Jan 2025 (4 months ago)
All Time High (ATH) Date	17th Aug 2023 (1 year ago)
ATH Price	$1.22
% From ATH	-17.81%
All Time Low (ATL) Date	6th Jul 2023 (1 year ago)
ATL Price	$0.90
% From ATL	11.05%

Supply & Trading Volume
Trading Volume (24h)	$18.97M
Total Supply	112.05M
Circulating Supply	112.05M

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Description

Bridged USDC (Arbitrum) - USDC.e

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Bridged USDC (Arbitrum) - USDC.e

• Token Name: Bridged USDC

• Token Symbol: USDC.e

• Token Address: 0xFF970A61A04b1cA14834A43f5dE4533eBDDB5CC8

• The bridged USDC (USDC.e) is a bridged form of the stablecoin USDC that has been bridged from Ethereum to Arbitrum. Unlike native USDC, it is not issued directly by Circle.

Arbitrum Overview

• Arbitrum: Arbitrum is a layer 2 scaling solution for Ethereum, utilizing Optimistic Rollup technology to rapidly scale transaction throughput without sacrificing the security offered by the Ethereum blockchain.

• Native USDC on Arbitrum: In addition to bridged USDC, there exists a native form of USDC on Arbitrum, officially issued by Circle and maintaining a 1:1 redeemable value with US dollars.

• Transition of Liquidity: Arbitrum aims to work with ecosystem apps to smoothly transition liquidity from bridged USDC to native USDC over time.

• Single Finance: Single Finance currently supports USDC.e primarily due to higher LP pool rewards and deeper liquidity, while keeping an open eye for future developments.

• Conversion Options: For users who need to convert between bridged and native USDC forms, options include swapping via stablecoin DEXes like Wombat, Uniswap, or Camelot.

• Important Notes: When bridging USDC to Arbitrum, users might receive bridged USDC, which might be incompatible with certain applications that only support native USDC. Real-time conversion prices can fluctuate based on liquidity pools and on-chain conditions, so thorough price research and gas cost considerations are essential.

• Use Cases: Arbitrum’s native USDC offers various use cases including programmatic payments, e-commerce, and gaming, all enabled through Circle Account and Circle APIs.

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