Arbitrum Bridged USDC (Arbitrum Nova)
USDC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
24h Whale Volume
$0.0k
Sentiment
Accumulation
Recent DEX Trades
Want real-time SMS/Email Whale Alerts?
Upgrade to ProAI Analysis
Comprehensive evaluation of the token
Arbitrum Bridged USDC on Arbitrum Nova represents a high-quality infrastructure asset supported by two of the industry's most credible entities: Circle (the issuer of the underlying USDC) and Offchain Labs (the developers of Arbitrum). The token benefits from exceptional active development and security practices, including enterprise-grade CI/CD pipelines, rigorous audits by top-tier firms like Trail of Bits, and a robust governance structure involving the Arbitrum DAO and Security Council. While the 'AnyTrust' model of Nova introduces a trust-minimized Data Availability Committee (DAC) rather than the fully trustless security of Arbitrum One, this trade-off is well-optimized for the chain's gaming and social use cases. The primary drawbacks are the relatively low on-chain liquidity and the user friction distinguishing between 'Bridged' and 'Native' assets. However, with a stable peg and strong institutional backing, it remains a secure and vital utility token for the Nova ecosystem.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Arbitrum Bridged USDC (Arbitrum Nova) (USDC)
USD Coin (USDC)
USD Coin (USDC) is a fully collateralized stablecoin pegged 1:1 to the US dollar and governed by the Centre Consortium (Circle and Coinbase). It provides a transparent, secure, and interoperable digital dollar for payments, remittances, and DeFi applications.
Key Features
- Fiat-backed reserves: Each USDC is backed by an equivalent US dollar or short-term US Treasury assets.
- Regular attestations: Monthly reserve attestations from independent accounting firms ensure transparency.
- Multi-chain support: Available on Ethereum (ERC-20), Algorand (ASA), Solana (SPL), Stellar, Tron and more.
- Smart contract compatibility: Easily integrated into DeFi protocols for lending, staking, trading, and programmable transactions.
Technical Details
- Token Name: USD Coin
- Symbol: USDC
- Standards: ERC-20, ASA, SPL, Stellar, TRC-20
- Issuer: Centre Consortium
Common Use Cases
- Stable-value payments and remittances
- Decentralized finance (lending, borrowing, liquidity provision)
- Tokenized asset settlements
- Treasury and cash management in blockchain ecosystems