Volume (24h)
$1.12K
Total supply
59,300,000 AXLUSDC
Max. supply
59,300,000 AXLUSDC
Axelar USDC (AXLUSDC)
$ 1.00
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Key data
updated $0Market cap$0
Volume 24h$1.12K
Axelar USDC (AXLUSDC) is a stablecoin pegged to the US dollar, designed for seamless cross-chain transactions. It leverages Axelar's interoperability network to enable fast and secure transfers between different blockchain ecosystems. The ticker AXLUSDC represents this asset in trading and wallet interfaces.
Frequently asked questions
What is Axelar USDC and how is it different from regular USDC?
Axelar USDC (AXLUSDC) is a version of USDC optimized for cross-chain transfers using Axelar's interoperability protocol. While regular USDC operates within a single blockchain, AXLUSDC can move seamlessly between multiple chains, enhancing its utility in decentralized finance (DeFi).
How does Axelar USDC work technically?
Axelar USDC relies on Axelar's decentralized network to bridge assets across blockchains. It uses smart contracts and cryptographic proofs to ensure secure and verifiable transfers, maintaining the stablecoin's peg to the US dollar throughout the process.
How is Axelar USDC issued and managed?
Axelar USDC is issued by Circle, the same entity behind regular USDC. It is minted and burned based on demand, with reserves held in US dollars and equivalent assets. Axelar's network ensures its availability across supported chains.
How can I store and use Axelar USDC?
Axelar USDC can be stored in any wallet compatible with the chains it operates on, such as Ethereum, Avalanche, or Polygon. It is used for trading, payments, and DeFi applications, offering stability and cross-chain flexibility.