Full support for USDC on Solana on Tradesilvania Platform and Tradesilvania RAMP
![Full support for USDC on Solana on Tradesilvania Platform and Tradesilvania RAMP](/blog/content/images/size/w2000/2024/07/1200x628-cover-blog_USDC-SOL-1.png)
We are thrilled to announce that USDC is now fully supported on Solana on both Tradesilvania Platform and Tradesilvania RAMP! With this update, you can now buy, sell, send, receive, and ramp to USDC on multiple blockchains.
What is USDC?
USD Coin (USDC) is a stablecoin pegged to the US dollar, offering stability and reliability in the volatile world of cryptocurrency. Each USDC is backed by one US dollar or an asset of equivalent fair value, held in accounts with US-regulated financial institutions. This stability makes USDC a popular choice for traders, investors, and businesses looking to leverage the benefits of digital currency without exposure to significant price fluctuations.
Why Solana?
Solana is renowned for its high performance, capable of handling thousands of transactions per second with minimal fees. Its scalability and speed make it an ideal blockchain for a stablecoin like USDC, enabling faster, cheaper, and more efficient transactions. By extending support to Solana, Tradesilvania ensures that our users can benefit from these advantages, enhancing their overall trading experience.
Tradesilvania now supports USDC transactions across multiple blockchains:
- ERC20 (Ethereum)
- Polygon
- MultiversX
- Arbitrum One
- Solana
With support across multiple blockchains, you can choose the network that best suits your needs.
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