Usdt Vs Usdc USDC is more transparent and arguably more clearly compliant USDT is more battle tested aged and widely adopted across the board that being said the Solana ecosystem is a lot more USDC oriented and has the stablecoin natively issued onchain which is another factor to consider
If you don t mind keeping things on exchanges Blockfi is a good place to hold stablecoins and they have a promo interest rate of 10 until July for all stablecoins including USDC and USDT You can buy the dip on Blockfi as well for BTC ETH LTC LINK but the spread isn t great so that s a tradeoff for earning the interest In my opinion USDC is better It s a compliant audited and fully reserved stablecoin I hold USDC alongside EEUR which also has similar functions and also interesting bearing USDT is still lacking in terms of the audit
Usdt Vs Usdc
Usdt Vs Usdc
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USDT Vs USDC How They Differ Timestamp Magazine
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Rather than comparing I had rather spread DAI USDC and USDT across different pools That s essentially what is happening in Spool because based on the TVR ratios it is almost 1 1 1 Ever since UST crashed I have embraced the idea of diversifying especially with stablecoins the more Tether USD USDT is the market leading dollar backed stablecoin By Tether but unaudited and many negative events in the past USD Coin USDC is the fastest growing fully reserve stablecoin backed 1 1 by US dollar reserves held in regulated financial institutions in the United States By Coinbase
Well I will go with my thought USDC But I will also be honest and tell you that often I use USDT because some coins on Binance can be bought with USDT but not with USDC USDT is the most heavily traded but Tether has to comply with investigations audits and so on USDC is two steps ahead for government oversight the potential one Does not have a withdrawal fee to cash out USDC Tether Tether requires KYC charges 0 1 essentially 0 001 per 1 USDT to cash out USDT Why do we care What this means is that in times of high volatility fear whales are more likely to withdrawal USDC than USDT This causes the total value locked TVL of USDC to fluctuate more
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23 votes 21 comments 38K subscribers in the MakerDAO community The Maker Protocol also known as the Multi Collateral Dai system allows users to Basically everyone seems to not trust USDT or at least that s what it looks like it on this sub but still this stable has 73B MarketCap compared to USDC s 40B While most people seems to trust it with their funds most people seem to have a sum of their portfolio ready to short it at the least possible depeg
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https://www.reddit.com › solana › comments › usdt_or_usdc_which_one
USDC is more transparent and arguably more clearly compliant USDT is more battle tested aged and widely adopted across the board that being said the Solana ecosystem is a lot more USDC oriented and has the stablecoin natively issued onchain which is another factor to consider
https://www.reddit.com › CryptoCurrency › comments › usdt_vs_usdc
If you don t mind keeping things on exchanges Blockfi is a good place to hold stablecoins and they have a promo interest rate of 10 until July for all stablecoins including USDC and USDT You can buy the dip on Blockfi as well for BTC ETH LTC LINK but the spread isn t great so that s a tradeoff for earning the interest
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Usdt Vs Usdc - Well I will go with my thought USDC But I will also be honest and tell you that often I use USDT because some coins on Binance can be bought with USDT but not with USDC USDT is the most heavily traded but Tether has to comply with investigations audits and so on USDC is two steps ahead for government oversight the potential one
