$USDC USDC: success and differences from USDT and UDS

USD Coin (USDC) — a stablecoin pegged to the US dollar 1:1, successfully strengthening its position in 2025. With a market capitalization of $60 billion, USDC ranks 2nd after USDT ($144 billion). In August 2024, USDC outpaced USDT in transaction volume (Visa data), demonstrating trust and popularity.

Differences:

• USDT: High liquidity, but questions about reserve transparency. Tether Limited is criticized for infrequent audits.

• USDC: Transparency — monthly audits by Deloitte, reserves in cash and US Treasury bonds.

• UDS: An obscure token, you probably meant another coin (e.g., BUSD, now inactive).

Success of USDC: Full compliance with MiCA in the EU, support from Visa, Coinbase, and DeFi protocols. Fast transactions on Ethereum, Solana, and other blockchains. #USDC #Stability