USDCE (also known as USDC.e) is a bridged version of USD Coin on the Polygon blockchain. While native USDC is issued directly by Circle on specific blockchains, USDCE is created by transferring (bridging) USDC from Ethereum or another network to Polygon through a third-party bridge.
What is USDCE used for?
USDCE functions like any stablecoin and is designed to maintain a 1:1 peg to the US dollar. It can be used to:
- Send and receive stable digital dollars on the Polygon network
- Trade on DeFi platforms and decentralized exchanges
- Provide liquidity and earn yield
- Avoid volatility with a price-stable token
USDCE allows users to benefit from Polygon’s low fees and fast confirmation times while still using a stable, dollar-pegged token.
What is the difference between USDC and USDCE?
USDC is the official, native version of USD Coin, issued directly by Circle on supported blockchains like Ethereum, Polygon, Arbitrum, and others. It is fully backed, audited, and regulated.
USDCE is a bridged version of USDC. It represents USDC that was locked on another blockchain and mirrored onto Polygon through a bridging protocol. It is not issued directly by Circle and may involve additional trust in the bridging mechanism.
- USDC: Native, official, issued by Circle
- USDCE: Bridged copy from another chain (e.g. Ethereum)
What makes USDCE unique?
- Bridged from Ethereum to Polygon
- Maintains parity with USDC (1:1 value)
- Widely used in Polygon-based DeFi apps
- Accessible with fast, low-cost Polygon transactions
USDCE on Floin
Floin supports USDCE on the Polygon network. You can store, send, and receive USDCE just like any other stablecoin – while enjoying fast transactions and low fees.
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