#越南加密政策 USDC and other mainstream stablecoins (such as USDT, DAI, etc.) have core differences mainly reflected in the following aspects:

1. Issuing entities and backing methods

- USDC: Issued by compliant institutions like Circle and Coinbase, claiming to be fully backed 1:1 by USD reserves, short-term government bonds, and other assets, subject to regular independent audits, with relatively high transparency.

​

- USDT (Tether): Issued by Tether, with early doubts about the transparency of backing assets (part of the reserve composition has gradually been disclosed in recent years) and has faced accusations of "over-issuance."

​

- DAI: A decentralized stablecoin generated based on collateral on the Ethereum blockchain (such as collateralizing ETH and other crypto assets), pegged to the US dollar, without direct backing by real assets.