#ChristmasMarketAnalysis There are some misconceptions about USDT, USDC, and MiCA regulation that need to be clarified:
1. USDT and USDC are the same: While both are stablecoins pegged to the US dollar, USDT (issued by Tether) has been around longer and is widely traded but has been criticized for its reserve transparency. USDC (issued by Circle in conjunction with Coinbase) is more transparent and compliant, with regular audits.
2. Fully regulated worldwide: USDC is compliant with US regulatory standards, while USDT operates in less regulated environments and faces scrutiny for its reserve practices.