Why is USDC more stable than USDT?

This regular auditing process gives users and investors greater confidence in the solvency and stability of USDC. It also helps to mitigate potential risks associated with stablecoins, such as liquidity issues or reserve shortfalls.

USDC is considered by some as a safer stablecoin compared to USDT. This perception arises from the differing approaches taken by the issuing companies towards transparency and reserve audits.

BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both retail and institutional investors. Among its offerings are spot trading, futures trading, and a secure wallet solution. These services enable users to buy, sell, and store a wide variety of cryptocurrencies, including USDC and USDT.

While USDT is widely used for trading and payments due to its liquidity and acceptance across various platforms, there are concerns regarding the frequency and thoroughness of its reserve audits. Tether, the issuer of USDT, conducts these audits quarterly, which some view as insufficient for maintaining complete transparency.

On the other hand, Circle, the issuer of USDC, takes a more proactive approach towards ensuring the safety and stability of its coin. Circle subjects its reserves to monthly attestations by an independent auditor, providing a higher degree of transparency and accountability.