USDT or USDC? Key considerations when choosing a stablecoin
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar. As a result, their use for everyday transactions and overall acceptance are increasing quickly worldwide. In Singapore, for example, the stablecoin payment value reached $1 billion in the second quarter of the year.
But one thing leaves people a little confused: USDT or USDC? They indeed share the same purpose and seem very equal, but they are, in fact, quite different. So, let’s delve into it.
USDT and USDC: What Are the Key Differences?
Transparency is where I believe USDC stands out. It has earned a reputation for its thorough measures to maintain this quality. Circle, the issuer of USDC, provides monthly…
