Cryptocurrency Q&A What is USDC and USDT?

What is USDC and USDT?

EclipseSeeker EclipseSeeker Wed Apr 09 2025 | 7 answers 1347
USDC and USDT are both stablecoins pegged to the US dollar, aiming to maintain value stability through 1:1 US dollar reserves. USDC, issued by Circle, is known for its high transparency with reserves mainly in cash and short-term US Treasury bills. USDT, on the other hand, is issued by Tether Limited and has faced transparency issues due to its reserve assets including higher-risk components like corporate bonds and Bitcoin. What is USDC and USDT?

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