USDC Currency
The US Dollar Coin (in English: USD Coin) with the symbol (USDC) is a stable cryptocurrency linked to the US dollar. The US Dollar Coin was first announced on May 15, 2018, by Circle, and was launched in September of 2018.
The currency is managed by an alliance called Centre, founded by Circle and includes members from cryptocurrency exchanges, the Coinbase platform, and a Bitcoin mining company called Bitmain. The US Dollar Coin is issued by a private entity and should not be confused with Central Bank Digital Currency (CBDC).
As for the difference between USDC and USDT, if you are looking for liquidity and fast trading on platforms, USDT is the common choice. If you care about transparency and legal compliance, USDC is the safer option. Both currencies have a strong presence in the cryptocurrency market and can be used based on your needs and priorities.
