36 views
in Cryptocurrency by (2.2k points)

Is USDC more stable than USDT?

Please log in or register to answer this question.

1 Answer

0 votes
by (2.8k points)
While both USDC (USD Coin) and USDT (Tether) are stablecoins pegged to the US dollar, USDC is generally considered to be more transparent and regulated compared to USDT. USDC is issued by regulated financial institutions and undergoes regular audits to ensure that the coins in circulation are fully backed by US dollars. On the other hand, USDT has faced scrutiny regarding its reserves and transparency in the past. Ultimately, the stability of each coin may vary depending on factors such as market demand and overall market conditions.

Related questions

1 answer
asked Mar 17, 2024 in Cryptocurrency by bivas54 (2.2k points)
1 answer
asked Mar 17, 2024 in Cryptocurrency by bivas54 (2.2k points)
1 answer
asked Mar 17, 2024 in Cryptocurrency by bivas54 (2.2k points)
1 answer
asked Mar 17, 2024 in Cryptocurrency by bivas54 (2.2k points)
2 answers
asked Mar 19, 2024 in Cryptocurrency by bivas54 (2.2k points)
...