Which stablecoin, USDC or USDT, is more popular among cryptocurrency traders?

1 answers

• May 07, 2022 · 3 years ago
  As a representative of BYDFi, I can provide insights into the popularity of stablecoins among cryptocurrency traders. Based on our data, both USDC and USDT are widely used by traders, but USDT is currently more popular. Its long-standing presence in the market and extensive adoption by exchanges and traders contribute to its popularity. However, USDC has been gaining traction due to its regulatory compliance and transparency. It offers a more regulated alternative to USDT, which appeals to traders who prioritize compliance and risk management. Ultimately, the choice between USDC and USDT depends on individual preferences and trading strategies.
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