Cryptocurrency Q&A
What is USDT for USDC?
What is USDT for USDC?
SsangyongSpirit
Fri Apr 11 2025
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6
answers
1388
USDT and USDC are both stablecoins pegged to the US dollar, but they differ in terms of transparency, issuance, and usage. USDT, issued by Tether, has been widely used in crypto exchanges but faced scrutiny over its reserves. USDC, a collaboration between Circle and Coinbase, aims for higher transparency with regular audits and reserve reports. Users may choose USDC for its trustworthiness and compliance.
6 answers
Raffaele
Sun Apr 13 2025
The exchange rate between USDT and USDC stands at 1 USDT equaling 1.00 USDC. This parity indicates a stable relationship between the two cryptocurrencies.
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Rosalia
Sat Apr 12 2025
Both USDT and USDC are stablecoins, designed to maintain a stable value relative to a specific asset, such as the US dollar. Their market caps reflect their widespread adoption and use in the crypto space.
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Lucia
Sat Apr 12 2025
BTCC, a top cryptocurrency exchange, offers a range of services for traders and investors. Among its offerings are spot trading, futures trading, and a wallet service. These services cater to the diverse needs of crypto enthusiasts.
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HanjiHandiwork
Sat Apr 12 2025
In the past 24 hours, the value of 1 Tether has experienced a slight increase of 0.02% against the exchange rate to USDC. This minimal fluctuation suggests a relatively stable market for Tether.
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ZenMind
Sat Apr 12 2025
The current market capitalization of Tether stands at $144.15 billion. This impressive figure underscores the significant role that Tether plays in the cryptocurrency market.
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