Definition
USDC
A US dollar-pegged stablecoin issued by Circle, used as the payment currency for all Mithril transactions.
USDC (USD Coin) is a fully-reserved, dollar-pegged stablecoin issued by Circle. One USDC is always redeemable for one US dollar. Mithril uses USDC as its sole payment currency because it provides price stability (no crypto volatility), near-instant settlement on multiple chains, programmable payments via smart contracts, and global accessibility. USDC is available on Base, Polygon, Arbitrum, Ethereum, and Solana — all chains supported by Mithril.
Related terms
On-Chain Settlement
The process of recording and finalizing a payment transaction on a blockchain, providing immutable proof of payment.
Stablecoin
A cryptocurrency designed to maintain a stable value relative to a reference asset, typically the US dollar.
Agent Wallet
A blockchain wallet assigned to an AI agent, managed by Mithril, with configurable spending limits and controls.