Understanding Stablecoins: USDT vs USDC vs DAI
Stablecoins are key to navigating crypto safely. But not all stablecoins are the same. Here’s a simple breakdown:
🔹 USDT (Tether)
• Most used.
• Centralized.
• Backed by reserves, but has faced transparency issues.
🔹 USDC (USD Coin)
• Issued by Circle/Coinbase.
• Fully backed & audited.
• Popular for institutions.
🔹 DAI (by MakerDAO)
• Decentralized stablecoin.
• Backed by crypto collateral (ETH, etc).
• Runs via smart contracts.
Which one should you use?
👉 USDT for liquidity
👉 USDC for trust/auditability
👉 DAI if you prefer decentralization
Which do you use most and why? Let’s compare 👇
