USDC is more transparent and arguably more clearly compliant USDT is more battle-tested, aged and widely adopted across the board that being said, the Solana ecosystem is a lot more USDC-oriented and has the stablecoin natively issued onchain, which is another factor to consider

Dec 16, 2022 · In my opinion, USDC is better. It's a compliant, audited, and fully-reserved stablecoin. I hold USDC alongside EEUR which also has similar functions and also interesting-bearing. USDT is still lacking in terms of the audit.

Jun 12, 2022 · usdt vs. usdc Seems like while USDC is a better stablecoin in terms of collateralization and both USDC and USDT are types of ERC20 tokens. If so, how come USDT is far more popular than USDC?

May 27, 2021 · If you don't mind keeping things on exchanges, Blockfi is a good place to hold stablecoins, and they have a promo interest rate of 10% until July for all stablecoins including USDC and USDT. You can buy the dip on Blockfi as well (for BTC, ETH, LTC, LINK) but the spread isn't great, so that's a tradeoff for earning the interest.

Mar 4, 2021 · Tether USD (USDT) is the market-leading dollar-backed stablecoin. By Tether but unaudited and many negative events in the past USD Coin (USDC) is the fastest-growing fully reserve stablecoin backed 1:1 by US dollar reserves held in regulated financial institutions in the United States. By Coinbase.

Dec 8, 2021 · Well I will go with my thought, USDC. But I will also be honest and tell you that often I use USDT because some coins on Binance can be bought with USDT but not with USDC. USDT is the most heavily traded, but Tether has to comply with investigations, audits and so on. USDC is two steps ahead for government oversight (the potential one).

Sep 26, 2022 · I've been following the "beef" against USDT for some time now (the last 2 years) and decided to check the available info, the kind of info that is made public for anyone to check. USDC - audited every other few months (some 3 times/year) by the same independent certified public accounting firm - Grant Thornton LLP - from 2018 forward. It's a ...

Aug 25, 2023 · does not have a withdrawal fee to “cash out” USDC Tether. Tether requires KYC charges 0.1% (essentially $0.001 per 1 USDT) to “cash out” USDT Why do we care. What this means is that in times of high volatility/fear whales are more likely to withdrawal USDC than USDT. This causes the total value locked (TVL) of USDC to fluctuate more.

Jun 2, 2021 · USDC over USDT. USDT lied about there cash reserves backing the stable coin which is only 5 to 7%. Been reading bad things about tether how much is FUD i dont know

May 22, 2022 · Not all exchanges support USDC or DAI for example. If you want to move money between exchanges both exchanges have to support that stablecoin. Options other than USDT tend to have less direct trading pairs. Hopefully with organic growth in time USDT will have less of an advantage over other stablecoins because it is opaque and a risk.