$USDC Reserve Assets: The reserve assets of USDC consist of cash equivalents and short-term U.S. Treasury bonds, while USDT's reserve assets include U.S. Treasury bonds, commercial papers, and corporate bonds.

Transparency: The reserve audit reports of USDC are more transparent, whereas USDT has faced scrutiny due to rumors of insufficient collateral.

Regulation: USDC complies with more regulatory standards, while USDT has relatively low regulatory transparency.

Overall, USDC occupies an important position in the cryptocurrency market due to its stability, transparency, and compliance, and despite facing some risks and challenges, its development prospects are still widely optimistic.