What is USDC on Base?
USDC is a dollar-pegged stablecoin; Base is a low-fee Ethereum layer-2. Together they make funding a card with crypto fast and cheap.
USDC is a stablecoin issued by Circle and designed to track the US dollar. Base is an Ethereum layer-2 network with low fees and fast confirmations. Skope settles card funding in USDC on Base.
Why Base
Low transaction fees make small, frequent actions (funding a card, paying a platform fee, repaying a loan) practical, which would be costly on Ethereum mainnet.
Getting USDC onto Base
If your funds are on another chain or in another token, Skope's funding step can bridge and swap them into Base USDC before issuing your card.
Frequently asked questions
- Does the card settle in USDC or USD?
- The card settles in USD. USDC funds it at a roughly 1:1 rate, and purchases in other currencies are converted by the card network.
Skope issues a Non-Reloadable U.S. prepaid Visa card via Laso Finance. It works at most online merchants that accept Visa; some merchants do not accept prepaid cards. Skope is non-custodial and never holds your funds. This page is for general information only and is not financial, investment, tax, or legal advice.