$USDC
USDC (USD Coin) and USDT (Tether USD) are popular stablecoins pegged to the US dollar. Key differences include:
- *Backing*: USDC is backed by regulated financial institutions, while USDT's reserves have faced scrutiny.
- *Transparency*: USDC publishes monthly attestations, whereas USDT's transparency has been questioned.
- *Adoption*: Both are widely used in DeFi and trading, but USDC is favored for its regulatory compliance.
USDC is known for its stability and trustworthiness, while USDT has faced concerns over its reserves. Both stablecoins play significant roles in the crypto ecosystem, offering users a stable store of value and medium of exchange.
