The answer
USDC.e commonly identifies a bridged representation, while native USDC is issued directly by Circle on supported chains. They can have distinct contracts, liquidity and deposit support.
What to do next
Check the exact contract and the bridge or issuer documentation. Verify exchange support rather than assuming the two tickers are interchangeable.
Circle USDC information
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Frequently asked questions
Can the two tokens have different market prices temporarily?
Yes. Liquidity and redemption paths differ and can create temporary differences.
