Transfer USDC between supported chains

Balanced Official -

Balanced makes it easy to transfer crypto across supported chains.

Learn how to transfer USDC between Arbitrum, Archway, Avalanche, Base, and ICON, and why you should do it on Balanced.

How to transfer USDC cross-chain

You can use Balanced to send USDC directly to Arbitrum, Archway, Avalanche, Base, and ICON. It takes less than 60 seconds, and your crypto stays wrapper-free.

Go to the Trade page and sign in. Then use the Bridge tab to:

  1. Choose which blockchains to transfer between.
  2. Choose USDC, then enter the amount.
  3. Click Transfer and follow the prompts to complete the transfer.

Transfers include a small cross-chain fee, which varies per chain:

  • 0.00006 ETH to transfer from Arbitrum
  • 1 ARCH to transfer from Archway
  • 0.003 AVAX to transfer from Avalanche
  • 0.00006 ETH to transfer from Base
  • 0.25 ICX to transfer from ICON

How Balanced transfers crypto cross-chain

Balanced’s blockchain connections are powered by General Message Passing (GMP).

GMP is a cross-chain messaging service that can connect to any interoperability protocol or smart-contract capable blockchain. It relays transaction messages between connected chains, and includes multi-protocol verification to reduce dependency on a single bridge.

Balanced's core contracts and liquidity reside on the ICON blockchain, which acts as the liquidity hub and settles all transactions from connected chains.

After you confirm your transfer, the USDC gets locked in a contract on that blockchain. GMP routes the swap through ICON, and the equivalent amount of USDC is unlocked on the destination chain and added to your wallet. If a transaction fails, it reverts.

The amount of USDC available on each supported chain depends on how many people have used it to swap or transfer. If you want to transfer a large amount, you may notice limitations on specific blockchains.

Transfer cross-chain on Balanced

Visit app.balanced.network to transfer USDC and a range of other tokens cross-chain. It’s fast, affordable, and your crypto stays wrapper-free.

To learn more about Balanced, check out the website, read the docs, and join the Balanced community on Discord.