USDt and USDC are both forms of stablecoins, which are cryptocurrencies that are pegged to the US dollar. USDt is a cryptocurrency token issued by Tether, which is backed by the US dollar, while USDC is a stablecoin issued by Centre, an open source consortium of leading companies. Both USDt and USDC are designed to be used as a store of value and medium of exchange and have near-instant cross-border transferability. The main difference between the two is that USDt is an unregulated token while USDC is a regulated asset certified and compliant with financial regulations. As such, USDC may be more favored by large investors and institutional traders due to its regulatory compliance.
USDt and USDC are both forms of stablecoins, which are cryptocurrencies that are pegged to the US dollar. USDt is a cryptocurrency token issued by Tether, which is backed by the US dollar, while USDC is a stablecoin issued by Centre, an open source consortium of leading companies. Both USDt and USDC are designed to be used as a store of value and medium of exchange and have near-instant cross-border transferability. The main difference between the two is that USDt is an unregulated token while USDC is a regulated asset certified and compliant with financial regulations. As such, USDC may be more favored by large investors and institutional traders due to its regulatory compliance.
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