Cryptocurrency Q&A How is USDC different from Usdt?

How is USDC different from Usdt?

Carlo Carlo Thu Oct 31 2024 | 7 answers 1715
I want to know the differences between USDC and USDT. How do they compare in terms of their functionalities, stabilities, and use cases in the crypto world? How is USDC different from Usdt?

7 answers

GeishaWhisper GeishaWhisper Sat Nov 02 2024
They aim to achieve this by pegging their value to the US dollar at a 1:1 ratio.

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DigitalCoinDreamer DigitalCoinDreamer Sat Nov 02 2024
USDT (Tether) and USDC (USD Coin) are both considered stablecoins.

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Paolo Paolo Sat Nov 02 2024
The primary objective of these cryptocurrencies is to maintain a stable value.

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CryptoElite CryptoElite Fri Nov 01 2024
USDT is primarily issued and traded on the Ethereum blockchain.

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KpopHarmony KpopHarmony Fri Nov 01 2024
Despite having a similar goal, USDT and USDC are issued by different companies.

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