Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => USDC Forum => Topic started by: Oxumare on January 16, 2022, 11:53:26 AM

Title: USDC and USDT
Post by: Oxumare on January 16, 2022, 11:53:26 AM
The total supply of USDC on the Ethereum blockchain has exceeded the market-leading supply of USDT.

According to data from Etherscan, currently USDC's current total supply on Ethereum reaches 40.063 billion, while USDT's total supply on the blockchain stands at 39.828 billion.

There are various reasons for this sudden growth of USDC recently. At the beginning of these reasons, the increase in the usage rate in the DeFi market can be shown.

https://coinmarketcap.com/tr/currencies/usd-coin/
Title: Re: USDC and USDT
Post by: KryptoBull on June 08, 2022, 09:22:56 PM
Tether has always had issues with reserves to guarantee value for USDT, so USDC becomes a better stable coin thanks to the support of Circle and Coinbase. I also transfer part of my USDT to USDC for more peace of mind in this market.
Title: Re: USDC and USDT
Post by: MrSpasybo on June 10, 2022, 11:54:36 PM
I am also gradually moving assets from USDT to USDC because USDC is more reliable than USDT. Tether has always had problems with its proof of assets, it will probably be used to create massive FUD in the market and start a crypto winter in 2022-2023.
Title: Re: USDC and USDT
Post by: pelana vreo on September 06, 2022, 01:27:50 PM
https://www.binance.com/en/support/announcement/e62f703604a94538a1f1bc803b2d579f
If you have USDC on the Binance exchange, immediately convert to BUSD because soon the binance exchange will no longer support USDC, it looks like Binance is planning to increase the use of stable BUSD coins for transactions
Title: Re: USDC and USDT
Post by: YoshiGang777 on February 15, 2024, 04:22:07 AM
50/50 in my wallet
Title: Re: USDC and USDT
Post by: paid2 on February 26, 2024, 11:51:36 PM
Quote from: YoshiGang777 on February 15, 2024, 04:22:07 AM
50/50 in my wallet

And why not DAI? :D
Edit: this topic is 2 years old..
Title: Re: USDC and USDT
Post by: bitmover on March 03, 2024, 02:48:37 PM
Quote from: paid2 on February 26, 2024, 11:51:36 PM
Quote from: YoshiGang777 on February 15, 2024, 04:22:07 AM
50/50 in my wallet

And why not DAI? :D
Edit: this topic is 2 years old..

I Think many people fail to understand what DAI is.

It is a decentralized stablecoin, which means that their value id controlled by smartcontracts, without a central authority like Tether or Coinbase behind.

Quote
In summary, the project brings the following benefits:

One Dai will always be worth $1.
No government or other centralized authority can shut it down.
No individual can control it.
Like other cryptocurrencies, it can be exchanged directly bypassing all middlemen.
It can be traded freely as any other ERC-20 token.
It brings trustless stability to the volatile crypto ecosystem.
Anyone from any place in the globe can receive and send it just by having an Ethereum wallet.
https://cryptonews.com/coins/dai/#What%20Is%20Dai?
Title: Re: USDC and USDT
Post by: NikeFit_7777 on March 24, 2024, 12:33:26 PM
Very interesting information. Comparison of two stablecoins. In no way am I trying to convince anyone or impose my point of view. Compare the capitalizations of these coins on Tron. USDChas 300 million, USDT has almost 52 billion. Will USDT be able to give up the throne no! And this means, in the opinion of the attackers, they are not transparent, dubious, accomplices of evil.

(https://i.ibb.co/JKxG6zF/photo-2024-03-21-13-56-52.jpg)

(https://i.ibb.co/rt21qq0/photo-2024-03-21-13-57-00.jpg)