USDT vs. USDC: Key Differences You Need to Know
$USDC $USTC
When exploring stablecoins, two major contenders stand out: USDT (Tether) and USDC (USD Coin). Both are pegged to the US dollar, providing stability in the volatile crypto market, but they differ in their issuers, backing, regulatory compliance, and transparency. Here’s a quick summary:
1. Issuing Organizations
USDT: Launched in 2014 by Tether Limited, USDT is one of the oldest and most widely used stablecoins, with a significant presence on global exchanges.