$USDT vs $USDC : Key Differences
Issuer & Backing:
USDT: Issued by Tether, backed by mixed reserves.
USDC: Issued by Circle and Coinbase, backed by cash and US Treasuries.
Transparency:
USDT: Less transparent, periodic attestations, past controversies.
USDC: Regular audits, highly transparent.
Regulation:
USDT: Limited regulation, past legal scrutiny.
USDC: Strong regulatory compliance.
Adoption:
USDT: Higher trading volume and liquidity.
USDC: Preferred by institutions and DeFi users.
Stability:
USDC is considered more stable and reliable; USDT has faced minor depegging events.
Summary:
USDT is dominant in trading, while USDC offers greater transparency and institutional trust. Choose based on your needs for liquidity or compliance.
