#BigTechStablecoin USDC vs USDT.
Stablecoins play a key role in crypto, offering price stability by being pegged to fiat currencies like the U.S. dollar. Two of the most widely used are USDC (USD Coin) and USDT (Tether). Both aim to maintain a 1:1 value with the dollar, making them ideal for trading, saving, or hedging against volatility.
USDC, issued by Circle, is praised for its transparency, with regular audits and U.S.-based regulation. USDT, managed by Tether, has higher market liquidity and adoption but has faced scrutiny over its reserve disclosures.
While both serve the same purpose, USDC is favored for compliance and trust, while USDT is often used for speed and volume. Choosing depends on your priorities: stability vs accessibility.
Are stable coins like USDT going to have the same problem like Terra/luna?