What is USDC and is it better than USDT?

The demise of TerraUSD (UST) has shifted market sentiment away from Stablecoins. The total wipe-off of UST, which was formerly regarded a safety hedge against bear cycles, has made the crypto market more wary regarding Stablecoins, which isn't altogether a terrible thing. In the past, the cryptocommunity has expressed legitimate worries about the price stability of stablecoins. This recent occurrence serves as a good reminder that we must approach with caution and always heed the counsel of skilled traders who have observed market dynamics over the last many years.

If you were to question us about USCD and USDT, we would say that it depends on your specific needs, tastes, and profile.Buying them makes sense if you wish to acquire a market position and require rapid access to funds.

If we consider USDC and USDT separately, USDC is the most often used currency by institutions in the United States (or where Coinbase is offered in other countries). If your clients are corporations, you will most likely want to send them invoices in USDC. If you're a Gilded user with a Coinbase connection, it makes sense to utilize USDC.

The USDT, on the other hand, is the most often used currency among traders and investors.

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