Coinbase

Coinbase is our recommended way for funding your wallet with USDC. USDC is a stablecoin backed by United States treasury notes held by Circle. Each USDC in circulation is fully backed and redeemable 1:1 with dollars by many banks and exchanges. Coinbase is an exchange that partners closely with USDC and honors the value.

It is important when funding your wallet with USDC that you send funds on the Base Network. Madhouse Wallet supports this network and funds sent to the wallet on other networks may be unrecoverable. If you accidently send USDC to Madhouse Wallet using the wrong network, we may be able to help you recover the funds but it is not guarenteed so please be careful.

Other exchanges such as Binance can also be used to send USDC on the Base Network. We suggest the user does their own research on the method that works best for them.

This method for funding can also be used to send USDC between Madhouse Wallet users as well. There is instant settlement time, low fees, and uncapped sending limits.