What is the difference between USDT, USDC, and FDUSD? Which one is better?

If you are trading or storing your money in stablecoins, you have definitely come across these names:

USDT - USDC - FDUSD

All of them represent digital currencies pegged to the US dollar (1 = 1$), but there are important differences between them:

1. $usdt

(Tether):

The most widely used and circulated in the world.

Low fees and high speed, especially on the TRC-20 network.

However, it has faced some criticism in the past regarding transparency and financial audits.

2. $USDC

(Circle):

A stablecoin fully backed by periodic audit reports.

Considered more transparent and reliable than USDT.

But it is less widespread and has higher fees on some networks.

3. $FDUSD

(First Digital USD):

A new coin supported by First Digital Labs.

Binance has started to support it strongly, and transfers are free on the platform.

It is an excellent option for traders specifically within Binance.

So, which one should I use?

For fast trading and high liquidity: USDT

For higher security and transparency: USDC

For use within Binance with lower fees: FDUSD

In the end, each currency has its advantage depending on your use. Choose the one that serves your strategy and minimizes costs and risks.