$USDC

Stablecoins like USD Coin (USDC) and Tether (USDT) are designed to maintain a stable value of $1, yet they have significant differences in terms of transparency, regulatory compliance, and market metrics.

This article will dig deeper into the differences between USDC and USDT to help investors understand the best choice for their portfolio.

USD Coin (USDC): Transparency and Regulatory Compliance

USD Coin, created by the Centre’s consortium involving Coinbase and Circle, offers high transparency with backing from cash assets and short-term Treasury instruments. Each month, Circle provides a third-party guarantee that reinforces their full transparency and collateralization.

With a market capitalization of around $60.10 billion and a daily trading volume close to $11.25 billion, USDC shows consistent growth and wide acceptance on various blockchains such as Ethereum (ETH) and Solana (SOL).

USDC maintains its peg to the dollar strictly, thanks to transparent reserve management and periodic audits. Although market volatility can affect prices momentarily, USDC generally stabilizes back near a dollar, making it a safe choice for investors who value clarity and regulatory compliance.