The core differences between #交易对 USDC and other mainstream stablecoins (such as USDT, DAI, etc.) are mainly reflected in the following aspects:

1. Issuing entities and endorsement methods

- USDC: Issued by compliant institutions such as Circle and Coinbase, claiming to be fully backed 1:1 by USD reserves, short-term government bonds, and other assets, regularly subjected to independent audits, with high transparency.

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- USDT (Tether): Issued by Tether, with early concerns about the transparency of backed assets (part of the reserve composition has been gradually disclosed in recent years), and has faced allegations of "over issuance."

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- DAI: A decentralized stablecoin generated based on collateral on the Ethereum blockchain (such as collateralized ETH and other crypto assets), pegged to the US dollar, without direct backing from real-world assets.