Why do the prices of USDT and $USDC differ, even though both stablecoins are pegged to the dollar?

The chart shows that USDC is trading at $0.9999, although it theoretically should cost $1. The same applies to USDT – its rate can also fluctuate.

The main reasons for such a difference:

1️⃣ Supply and demand. The higher the demand for one stablecoin compared to another, the greater the deviation.

2️⃣ Liquidity. Trading volumes can vary across different exchanges and trading pairs.

3️⃣ Issuer reserves. Trust in a stablecoin depends on the transparency of the issuing company.

4️⃣ Regulatory pressure. Restrictions or allowances for a specific stablecoin affect its usage.

Usually, deviations are minor, but it is important to understand these mechanisms, especially during active trading. 🚀