Learn how to bridge USDC to Solana
USDC is a digital dollar-backed stablecoin used in the crypto space. It combines the reliability of US dollars with the dynamic capabilities of digital currency, making it a popular choice for transactions within the Solana network. USDC is similar to using a dollar in real life—to buy assets, send payments, and more.
Established in 2018, USDC is backed 1:1 with US dollars in cash and cash equivalents, with support on 16 blockchain networks, including Solana and Ethereum network. In the context of Web3, USDC drives everything from payments, NFTs, memecoins, and DeFi apps to lending, borrowing, complex markets, and more.
Being a widely accepted form of crypto, USDC allows you to explore crypto apps such as Jupiter Exchange, Solflare, Birdeye, Drift Protocol, and more to begin your journey on the Solana blockchain.
Users coming from other blockchains need to transfer their assets (or bridge) to Solana to use crypto apps on the Solana network. Read this guide to understand how to bridge USDC to your Solana wallet in seconds.
Understanding Crypto Bridges
Crypto bridges are essential to connect multiple blockchain networks together in real-time. Think of bridges as a medium to help you transfer crypto assets from one blockchain to another. In a broader context, bridges act as the backbone of DeFi, allowing users from any blockchain ecosystem to participate in decentralized finance (DeFi) activities.
For example, using a crypto bridge, you can transfer crypto assets like USDC on Ethereum blockchain onto Solana with a few clicks. To explore more about cross-chain bridges, check out a section of our other guide.
deBridge: Lightspeed bridging to Solana
deBridge is the bridge that moves at lightspeed. By removing the bottlenecks and risks of liquidity pools, deBridge enables value and information to flow instantly across the DeFiverse with deep liquidity and guaranteed rates.
Bridges brings all the blockchain ecosystems under one roof, allowing you access to a broader range of services and unlocking opportunities in the chainscape.
How to bridge USDC to Solana Network?
deBridge helps you bridge assets from any chain to USDC on the Solana network. Follow the below steps to see how you can perform cross-chain bridging for your crypto assets.
- Visit https://app.debridge.finance
- Select the source chain and asset you’d like to bridge. Here, we will select USDC on the Base chain.
- Next, select the destination chain (Solana) and asset (USDC) on the target chain.
- Click on the "connect wallet" button to connect your EVM wallet address as the source and Solana wallet address as the destination chain address.
- Enter the amount of USDC you’d like to bridge from Base to Solana.
- Review the trade and confirm the transaction in your wallet.
Bridging assets from Base to Solana typically takes less than 2 seconds. Solana is generally favored by users because of its lower transaction fees in comparison to other networks. Once completed, you can check your Solana wallet to see the USDC or convert USDC to any other cryptocurrencies on deBridge.
[video of bridging USDC]
How to get USDC on Solana wallet from fiat on-ramps
Popular wallet apps such as Solflare and Phantom make it simple to convert your local currency (e.g., CAD) to USDC on Solana via fiat on-ramps like Apple Pay, credit card, and debit card deposits. Alternatively, you can send USDC to your Solana wallet using your preferred cryptocurrency exchange.
How to buy USDC on Solflare Wallet
- Download Solflare wallet
- Set up a Solana wallet and store your credentials in a safe place
- Click on “Buy” and select USDC on the Solana network
- Complete your KYC, enter the amount of USDC, and pay via your preferred mode of payment.
- Provide your payment information to receive USDC in your Solflare wallet.
You can also swap USDC for any other asset on Solana within the Solflare wallet.
How to buy USDC on Phantom Wallet
- Download Phantom wallet
- Set up a wallet and store your credentials in a safe place
- Click on “Buy,” select Solana chain, and USDC as the asset
- Choose Apple Pay, Google Pay, or Credit & Debit cards as your preferred payment method
- Provide your payment information to receive USDC in your Phantom wallet.
Note: You can also use Coinbase wallet and other digital wallets for fiat on-ramps.