A client sends you 100 USD Coin ($USDC ). You open your wallet to forward it and discover the transfer fee is payable in a different coin. Which one?
For a standard self-funded transfer, Ethereum mainnet uses ether ($ETH), Solana uses SOL ($SOL ), and Polygon PoS uses POL ($POL ). Circle issues native USDC on all three. Some apps sponsor the network fee, which is why two people can have different experiences sending the same stablecoin.
My invoice would specify the network alongside the amount. What does yours say?
I may earn Binance Square rewards from engagement or qualifying trades linked to this post.
#USDC #NetworkFees #CryptoPayments
For a standard self-funded transfer, Ethereum mainnet uses ether ($ETH), Solana uses SOL ($SOL ), and Polygon PoS uses POL ($POL ). Circle issues native USDC on all three. Some apps sponsor the network fee, which is why two people can have different experiences sending the same stablecoin.
My invoice would specify the network alongside the amount. What does yours say?
I may earn Binance Square rewards from engagement or qualifying trades linked to this post.
#USDC #NetworkFees #CryptoPayments