Bridged USD Coin (PulseChain) wallet

What is Bridged USD Coin (PulseChain) (USDC)?

A dollar token that is not the issuer's

This USDC is a PulseChain-side representation, not the token Circle issues and redeems. Its value rests on the bridging arrangement that put it there rather than on any account you could present it at, and no redemption window exists on PulseChain itself. Read the name literally: bridged, and specific to this chain.

PulseChain adds a second layer of confusion. The chain began as a copy of Ethereum's state, so contract addresses and token names from Ethereum reappear on it, and an address you own on Ethereum exists on PulseChain with the same characters. That is why a dollar token here can look byte for byte like the one you know and still be a different asset. Fees on PulseChain are paid in PLS, so a wallet holding only this USDC cannot send it.

What this means in practice for a holder: treat the PulseChain balance as its own asset, check which chain any incoming or outgoing payment is on, and do not assume a counterparty who asks for USDC will take this one.

Supported networks in Tangem (1): Pulsechain.

Tangem lists each chain's balance as its own entry and names the network a transfer is going out on, which is the detail to read before the card signs, since the identical address string exists on chains that would never accept this token. Holding it in Tangem keeps the PulseChain dollars visibly apart from every other USDC you own instead of merging them into one number.