Cryptocurrency Q&A
Why USDC instead of USDT?
Why USDC instead of USDT?
MountFujiMysticalView
Wed Apr 09 2025
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answers
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I'm curious about the reasons why some people prefer using USDC over USDT. What are the advantages or differences that make USDC a more favorable choice in certain situations?
7 answers
ChristopherWilson
Fri Apr 11 2025
The trust placed in USDC stems from the rigorous oversight of its reserves. Circle, the issuer of USDC, subjects its reserves to regular audits.
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Bianca
Fri Apr 11 2025
These audits are conducted by an independent auditor on a monthly basis, ensuring transparency and accountability.
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CryptoPioneer
Fri Apr 11 2025
USDT holds a prominent position in the realm of trading and payments, serving as a widely utilized digital asset.
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KimonoGlory
Fri Apr 11 2025
This frequent auditing schedule provides additional reassurance to investors and users about the stability and reliability of USDC.
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ShintoSanctum
Fri Apr 11 2025
On the other hand, Tether, the issuer of USDT, undergoes reserve attestations at a less frequent interval. Specifically, these attestations take place quarterly.
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