Bridged USD Coin (Force Bridge)Price

(USDC)

Bridged USD Coin (Force Bridge) is a specific representation of USDC that exists on the Nervos Network. Unlike native stablecoins, it is not issued directly by the original creators but is instead a wrapped token generated through the Force Bridge protocol. When users transfer assets from other blockchain networks to Nervos, the bridge locks the original currency and mints an equivalent amount of Bridged USDC. This allows the asset to be utilized within the Nervos ecosystem, though it remains dependent on the underlying bridge infrastructure.

The distinction is critical for users. Native USDC is issued directly by its founding organization and is backed by cash and treasury reserves, making it redeemable for physical currency. In contrast, Bridged USDC is issued by a third-party bridge protocol and is backed only by the native assets locked within that protocol's smart contracts. If the bridge protocol is compromised or its locked reserves are stolen, the bridged token may lose its value, as there is no direct backing from the original issuer.

In June 2025, the Force Bridge suffered a significant security exploit. This incident took place just as the bridge's development team announced plans to sunset the protocol due to low activity. An attacker exploited administrative vulnerabilities to drain a substantial amount of assets from the bridge's reserves. This event led to the suspension of bridge operations and raised major concerns regarding the safety of holding assets on legacy bridge infrastructure, particularly those that are being phased out or are no longer actively maintained.

While designed to remain stable, Bridged USDC can lose its peg for several reasons. Since the protocol began sunsetting and experienced a major exploit, liquidity has decreased significantly, meaning even modest transactions can cause price instability. Furthermore, the loss of trust following the security breach means the market perceives a higher risk that the token cannot be redeemed for the original USDC. Consequently, the asset may trade at a discount because it is no longer viewed as being fully backed by the original collateral.

Following the 2025 exploit and the decision to sunset the project, standard bridging services were largely suspended. Many users found their assets restricted, with the bridge moving into a limited withdrawal-only mode where possible. Currently, those looking to migrate or recover their funds are encouraged to monitor official community channels for updates. Recovery often requires following manual migration paths or specific instructions provided by the network's remaining support infrastructure, as standard automated transfers may no longer be functional.

This bridged asset is rarely found on major platforms, though LBank has historically tracked the token. Liquidity on decentralized exchanges has largely vanished following the project's sunsetting. Currently, holding this token is considered high risk due to the lack of active development and the previous security breach. Industry experts recommend migrating to native assets or modern cross-chain solutions, as holding assets on sunsetted bridge infrastructure carries significant smart contract risks and the potential for a total loss of value.