Cryptocurrency Q&A
Should I buy USDC or tether?
Should I buy USDC or tether?
MountFujiMysticalView
Sun May 12 2024
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5 answers
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I'm quite puzzled about which stablecoin to invest in, USDC or Tether. Could you please offer some insights? I've read that both are pegged to the US dollar, but there seem to be some differences in terms of their issuers, transparency, and maybe even their market capitalization. I'm really interested in understanding the pros and cons of each, and which one might be a better fit for my investment portfolio. Would you mind shedding some light on this matter? Your expertise in the field of cryptocurrency and finance would be greatly appreciated. Thank you in advance for your time and assistance.
5 answers
SamuraiWarriorSoulful
Tue May 14 2024
This substantial difference makes Tether a preferred stablecoin choice among traders and investors.
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IncheonBeautyBloomingRadiance
Tue May 14 2024
Additionally, BTCC, a UK-based cryptocurrency exchange, offers diverse services.
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mia_anderson_painter
Tue May 14 2024
Tether exhibits significantly higher trade and liquidity volumes compared to USD Coin.
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BonsaiLife
Tue May 14 2024
CoinMarketCap reports that Tether's daily trading volume hovers around $80 billion.
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Elena
Tue May 14 2024
On the other hand, USD Coin's daily trading volume is approximately $11 billion.
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