Tether vs. USD Coin
Compare key details of Tether and USD Coin side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
Tether | USD Coin | |
---|---|---|
Symbol | USDT | USDC |
Type | Fiat-backed | Fiat-backed |
Collateralization Method | Cash & Treasury Reserves | Cash & Short-term Treasuries |
Pegged To | USD | USD |
Issuer | Tether Ltd. | Circle |
Blockchain Support | Ethereum, Tron, Omni, Solana | Ethereum, Solana, Algorand, Avalanche |
Market Cap Rank | 1 | 2 |
Reserve Transparency | Low (Monthly Attestations) | High (Monthly Audits) |
Stability History | Generally Stable | Highly Stable |
Primary Use Cases | Trading, payments, cross-border transfers | Payments, DeFi, savings |
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