[$USDC on Binance – The rising mystery replacing USDT?]
USDC is increasingly favored by Binance:
Lower transaction fees
More spot and futures pairs are expanded with good liquidity
More attractive deposit/withdrawal incentives and APY staking compared to USDT
Why consider using USDC?
High transparency: USDC is issued by Circle and is audited regularly
Supported by financial institutions in the U.S.
Less risk of restrictions or loss of trust compared to some other stablecoins
Notable incentives on Binance:
Trading pairs USDC/BTC, USDC/ETH, USDC/FDUSD have 0 fees in some programs
Earn staking USDC with interest rates up to 6%/year
Supports easy 1:1 conversion USDT ⇄ USDC in the Binance wallet
Conclusion:
Although USDT still dominates in volume, USDC is gradually becoming a smart choice for long-term traders thanks to transparency and support from Binance.