Why choose USDC and what is happening with USDT on Binance-->
If you're wondering why USDC is often preferred over USDT, here are some key points:
Transparency: USDC is truly transparent with regular audits and proof of reserves accessible to everyone. This is not really the case for USDT, which has often been criticized for its lack of transparency.
Regulatory compliance: USDC is issued by regulated financial institutions, making it safer in terms of compliance with U.S. and European laws.
Stability: Due to its transparency and frequent audits, USDC is seen as more stable.
And now, let's talk about what is happening with USDT on Binance. Starting March 31, 2025, Binance will remove USDT and other stablecoins not compliant with the MiCA regulation for users in Europe. This means that if you are in Europe, you will need to convert your USDT into alternatives like USDC or EURI before that date. This decision aims to enhance the security and transparency of stablecoins in the European Economic Area.