What is the difference between USDC and USDT?

alrahman(52)
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Both of them are stable coins backed by fiat currency (in this case, the United States dollars) The major difference lies in trust, use and founders

Trust

Most cryptocurrency traders trust USDC more than USDT. This is due to the mysterious nature of USDT

Use

USDT is integrated into many cryptocurrency exchanges so it is used more than USDC. So considering that USDT is the first stable coin and the only stable coin for a long time, this isn't a surprise

Founders

USDC was founded by Circle and Bitman while USDT was founded by the same team that operates Bitfinex

What is the difference between USDC and USDT? | Ecency