Cryptocurrency Q&A Why is USDT more expensive than USDC?

Why is USDT more expensive than USDC?

BlockchainBaron BlockchainBaron Sat Apr 12 2025 | 5 answers 791
I noticed that USDT is priced higher than USDC. I'm curious to understand the reason behind this difference in value, considering both are stablecoins pegged to the US dollar. Why is USDT more expensive than USDC?

5 answers

BusanBeauty BusanBeauty Sun Apr 13 2025
USDT often boasts a significantly larger market capitalization compared to USDC. This indicates that investors perceive USDT as a more valuable and trusted digital asset. The higher market cap reflects the total value of all USDT tokens in circulation, highlighting its broader adoption and acceptance within the cryptocurrency community.

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Marco Marco Sun Apr 13 2025
BTCC's services also include a wallet solution, which allows users to securely store their digital assets. The wallet is designed with advanced security features to protect users' funds from theft and unauthorized access. By offering a comprehensive suite of services, BTCC caters to the diverse needs of the cryptocurrency community, from casual investors to professional traders.

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SakuraSmile SakuraSmile Sun Apr 13 2025
In terms of circulating supply, USDT also surpasses USDC. The circulating supply represents the number of tokens that are available for trading and use in the market. A larger circulating supply typically means that USDT is more liquid and can be easily bought or sold without significant price fluctuations. This makes USDT a more attractive option for traders and investors seeking stability and efficiency in their transactions.

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BonsaiStrength BonsaiStrength Sun Apr 13 2025
The trading volume of USDT is notably higher than that of USDC. Trading volume measures the total number of tokens traded over a certain period. A higher trading volume suggests that USDT is more actively traded and has a higher level of market activity. This can lead to better price discovery and more efficient markets, as more buyers and sellers participate in the trading process.

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BitcoinWarrior BitcoinWarrior Sun Apr 13 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. Among its offerings, BTCC provides access to spot trading, allowing investors to buy and sell digital assets at current market prices. Additionally, BTCC supports futures trading, enabling traders to speculate on the future price movements of cryptocurrencies and hedge against potential losses.

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