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USD Coin (From Avalanche - Portal Bridge)

USDCAV
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About USD Coin (From Avalanche - Portal Bridge)

This token represents USD Coin (USDC) that has been transferred from the Avalanche network onto Solana network via Portal Bridge (formerly Wormhole Bridge). It is listed separately not only due to the distinct roles played by the networks but also to clarify the responsibility for the bridged token. Since Portal Bridge manages this asset on the Solana network, the original project is not responsible for any issues or vulnerabilities that may arise with the bridged token, such as security breaches or governance changes. This ensures precise tracking and management of assets within the Solana network's liquidity pools, governance structures, and technical infrastructure.

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