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What is the difference between USDT and USDC?
💵⚖️
Both are stablecoins pegged to the US dollar, but there are important differences:
1️⃣ USDT (Tether):
Issued by Tether Company.
Very popular and widely used in trading.
It has some criticisms regarding transparency and reserves.
2️⃣ USDC (USD Coin):
Issued by Circle in collaboration with Coinbase.
More transparent than USDT and subject to regular audits.
Sometimes preferred for banking uses and decentralized finance (DeFi).
Both aim to stay stable at 1 dollar, but the difference lies in trust
and reliance.⚠️
#USDT #USDC #Crypto #Trading #Digital_Currencies #Financial_Analysis #Stablecoin #CryptoEducation #Binance_Arabic
💵⚖️
Both are stablecoins pegged to the US dollar, but there are important differences:
1️⃣ USDT (Tether):
Issued by Tether Company.
Very popular and widely used in trading.
It has some criticisms regarding transparency and reserves.
2️⃣ USDC (USD Coin):
Issued by Circle in collaboration with Coinbase.
More transparent than USDT and subject to regular audits.
Sometimes preferred for banking uses and decentralized finance (DeFi).
Both aim to stay stable at 1 dollar, but the difference lies in trust
and reliance.⚠️
#USDT #USDC #Crypto #Trading #Digital_Currencies #Financial_Analysis #Stablecoin #CryptoEducation #Binance_Arabic
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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