USDC on Mantle is the bridged version of Circle's USD Coin on Mantle Network - an Ethereum Layer 2. It maintains a 1:1 peg to the US dollar and is widely used across Mantle's DeFi ecosystem for trading, lending, and yield strategies.
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What is USDC on Mantle?
USDC on Mantle is the bridged version of Circle's USD Coin running on Mantle Network - an Ethereum Layer 2 built for scalable, low-cost DeFi and onchain finance. Same 1:1 USD peg, significantly lower transaction fees than Ethereum mainnet.
Mantle is backed by a multi-billion-dollar treasury and positions itself as a liquidity-first chain, with deep integrations across DeFi protocols, yield products, and institutional partners including Bybit and Ethena. It was also selected as the network for World Liberty Financial's USD1 stablecoin launch which is a signal of growing institutional confidence in the ecosystem.
USDC on Mantle is widely used across Mantle-native DeFi for trading, lending, and yield strategies, making it one of the more liquid stablecoins on the network.