$USDC Both USDC and USDT aim to maintain a 1:1 parity with the US dollar.
* In practice, the exchange rate between the two stablecoins is usually very close to 1 USDC = 1 USDT and vice versa, although there may be slight fluctuations due to supply and demand on different exchanges.
* As of my last update (Sunday, May 4, 2025), the conversion rate between USDC and USDT is approximately 1:1. You can check real-time exchange rates on various cryptocurrency exchange platforms like Coinbase.
It is important to remember that, while both are stablecoins designed to maintain their value, there are differences in their transparency, regulation, and the types of assets that back their value. Some investors consider USDC a safer option due to its regular audits and focus on regulatory compliance. However, USDT remains the most widely used stablecoin globally due to its higher liquidity and historical adoption.