Optimism and Base users previously relied on bridged versions of USDC, called “USDbC” and “USDC.e,” instead of native versions.
. But at launch, Coinbase users could not send USDC to the Base network from their exchange accounts, nor could Circle account holders. Base users relied on a bridged version of USDC, called “USDbC,” to make U.S. dollar transactions. On Aug. 29, Circle CEO Jeremy Allaire announced that a native version of USDCThe Sept. 5 announcement states that the coin is now available natively on Base. On the same day, the Coinbase interface started showing an option to transfer USDC to Base.
Despite this official launch, many decentralized exchanges on the network continue to use the old version of the coin. At the time of publication, Uniswap, Baseswap, Aerodrome, Maverick, and other DEXs continue to show the old contract address when users select the stablecoin.The announcement stated that USDC has also been launched on Optimism, providing a replacement for the USDC.e token that was previously used on the network.
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