#实用交易工具 USDC's core differences from other mainstream stablecoins (such as USDT, DAI, etc.) are mainly reflected in the following aspects:

1. Issuing entities and backing methods

- USDC: Issued by compliant institutions such as Circle and Coinbase, claimed to be fully backed 1:1 by dollar reserves, short-term government bonds, and other assets, regularly undergoes independent audits, and has a high level of transparency.

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- USDT (Tether): Issued by Tether, early transparency of backing assets was questionable (in recent years, some reserve composition has been gradually disclosed), and it has been criticized for "over-issuing."

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- DAI: A decentralized stablecoin generated based on collateral on the Ethereum chain (such as mortgaged ETH and other crypto assets), pegged to the dollar, with no direct backing from real assets.