Cryptocurrency Q&A
Why use USDC instead of USDT?
Why use USDC instead of USDT?
CryptoPioneer
Wed Apr 16 2025
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I am considering using a stablecoin for my crypto transactions, but I am torn between USDC and USDT. I want to understand the advantages of choosing USDC over USDT.
5 answers
Elena
Fri Apr 18 2025
Despite these differences in attestation frequency, USDT remains widely used for trading and payments in the cryptocurrency market. Its popularity can be attributed to various factors, including market adoption and liquidity.
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KatanaSwordsmanship
Fri Apr 18 2025
USDC is considered a safer stablecoin by some individuals when compared to USDT. This perception stems from the transparency measures employed by the issuing company, Circle.
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Federico
Fri Apr 18 2025
Circle subjects its reserves to monthly attestations conducted by an independent auditor. This regular scrutiny ensures that the assets backing USDC are adequate and properly accounted for.
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BonsaiStrength
Fri Apr 18 2025
In contrast, Tether's attestations occur quarterly. This less frequent review process may contribute to a perception of lower transparency and trustworthiness among some users and investors.
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Elena
Thu Apr 17 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and wallet management. By providing a comprehensive suite of tools, BTCC caters to the diverse needs of the cryptocurrency community.
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