USDC is generally considered more transparent. The companies behind it provide regular audits, showing they have the actual dollars to back their coins.
USDT has faced more scrutiny about its reserves. There have been questions about whether they truly have enough dollars to back all their coins.

Regulatory Compliance:

USDC tends to follow stricter regulations, especially in the United States.
USDT has had more regulatory challenges.

Popularity and Use:

USDT is often the most used stablecoin on cryptocurrency exchanges, especially for trading. It has very high liquidity.
USDC is gaining more popularity, and is often favored by people and institutions that need greater trust and regulatory compliance.

Network differences:

While both function on many blockchains, there are some differences in how widespread they are on particular networks. Make sure you use the correct network when transferring funds.

Check out the FREE Course at DBM Academy to learn more about crypto currencies - An Introduction to your Blockchain Journey.

Like