$USDC $USDC Binance vouchers are frequently paid out in USDC rather than USDT due to factors like regulatory compliance and the nature of the voucher itself. Binance may prioritize USDC for its MiCA compliance and the ability to redeem it at par value. Additionally, the type of voucher and its intended use might also influence the payment currency.
Here's a more detailed explanation:
Regulatory Compliance:
Binance is subject to various regulations, and USDC's MiCA compliance might make it a preferred choice for certain voucher payouts, especially those related to trading fees or platform fees.
USDC's Nature:
USDC is a stablecoin designed to maintain a 1:1 peg to the US dollar, offering a stable value and easier redemption. This stability can be beneficial for voucher payouts, as it minimizes the risk of fluctuations in value.
Voucher Purpose:
The specific type of voucher (e.g., Buy Crypto Fee Voucher, Trading Fee Rebate) and its intended use can influence the payment currency. Some vouchers might be designed to reduce trading fees, and in such cases, USDC might be a more convenient option.
Binance's Discretion:
Binance retains the right to determine the payment currency for vouchers, and its decisions are likely influenced by a combination of factors, including regulatory requirements, market conditions, and the specific voucher type.