$BTC

Understanding Stablecoins: USDT vs USDC vs DAI

Stablecoins are crucial for safe navigation in the crypto space. But not all stablecoins are created equal. Here’s a simple overview:

🔹 USDT (Tether)

• Most commonly used.

• Centralized.

• Backed by reserves but has faced transparency issues.

🔹 USDC (USD Coin)

• Issued by Circle/Coinbase.

• Fully backed & audited.

• Popular among institutions.

🔹 DAI (by MakerDAO)

• Decentralized stablecoin.

• Backed by crypto collateral (ETH, etc.).

• Runs on smart contracts.

Which one should you use?

👉 USDT for liquidity

👉 USDC for trust/auditability

👉 DAI if you prefer decentralization

Which one do you use most often and why? Let’s compare 👇