As you know, Circle APIs represent value in the form of USDC which is a token running on multiple blockchains including the Ethereum blockchain, the Algorand blockchain, the Solana blockchain, and the Stellar blockchain.
These blockchains also exist on various testing networks ("testnet"), allowing developers to test their applications before deploying code on the main network ("mainnet").
As the below networks are for testing only, the USDC tokens in circulation on these networks are minted in a completely arbitrary way, and are in no way backed by real US dollars.
Ropsten is one of the Ethereum testing networks.
The USDC smart contract has been deployed to the Ropsten testnet and is available at address 0x07865c6e87b9f70255377e024ace6630c1eaa37f.
TestNet is the Algorand testing network.
The USDC Algorand Standard Asset (ASA) has been deployed to the TestNet and with asset ID 10458941.
Testnet is the Solana testing network.
The USDC Solana SPL token has been deployed to the Testnet and is available on address CpMah17kQEL2wqyMKt3mZBdTnZbkbfx4nqmQMFDP5vwp.
Testnet is the Stellar testing network.
The USDC Stellar asset has been deployed to the Testnet and is available at address GBBD47IF6LWK7P7MDEVSCWR7DPUWV3NY3DTQEVFL4NAT4AQH3ZLLFLA5. Information on the asset is published at centre.io.
Circle's sandbox environment is connected to USDC on the testing networks listed above.
In other words, when you send funds from a Circle hosted wallet to an external blockchain address, it will be sent as USDC on the testnet. Similarly, if you want to receive funds from an external blockchain address, you can use USDC on the testnet to achieve that.
Updated 3 months ago