USDT vs. USDC
USDT (Tether) and USDC (USD Coin) are leading stablecoins pegged to the U.S. dollar, but they differ in transparency and use cases. USDT, managed by Tether, dominates trading volumes, making it the preferred choice for crypto exchanges and traders. However, concerns about its reserves' transparency persist.
USDC, issued by Circle, emphasizes regulatory compliance and full audits, earning trust from institutions. It’s increasingly adopted in decentralized finance (DeFi) and payment systems.
While USDT leads in liquidity, USDC stands out for trustworthiness and regulatory alignment, making them suited for different user needs.