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Why is USDC better than tether?

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USDC is considered better than Tether for several reasons:

  1. Transparency: USDC is known for its transparency and regular audits, ensuring that each USDC token is backed by an equivalent amount of US dollars. Tether, on the other hand, has faced scrutiny over its lack of transparency and concerns about whether it is fully backed by reserves.

  2. Regulation: USDC is operated by regulated financial institutions, providing a sense of security and accountability. Tether has faced legal challenges and questions about its regulatory compliance.

3._

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