The price declined by 0.01% in the last 24 hours. Tether is one of the oldest cryptocurrencies around. If you’re looking to send USDT from one platform to another, you may have noticed that the fees can go all the way up to 35 USDT for a single transaction! This is a really huge sum, and it will only make sense if you are withdrawing a large sum of money. USDC vs Voyager is a prominent crypto exchange, offering 9% interest on USDC. Circulating Supply: 64.62 Billion USDT. Crypto USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the CENTRE consortium. vs USDT Moderate. Lowest withdrawal fee: 0 USDC (FREE) at Bleutrade. CEX.IO This means that USDT’s value should always be 1 USD, and the price remains fixed because the issuing company has enough actual US Dollars so that each USDT token can be exchanged for 1 dollar upon demand. Even though USDC and USDT both claim a value equal to $1*, these are two separate stablecoins that have a few significant differences: USDC is backed by CENTRE’s reserves, while USDT is backed by Tether’s reserves. Can USDC Topple Tether As The King Of Stablecoins Currently, USDT makes up most of the market’s supply and value, with USDC lagging in second place. Stability – USDC is pegged to $1 and breaks that peg far less than the leading DeFi stablecoin Dai. Established in July 2014, Bitfinex limited … Crypto basics. Getty. Tether (USDT) withdrawal fees: comparison at 25 exchanges USDC Vs USDT: Amid Tether (USDT) FUD Circle Prioritizes USDC Transparency Circle issued USDC has become one of the fastest-growing stablecoin in the crypto market. USDT vs USDC Users that answer all 15 questions correctly will be eligible to split a prize pool of 100 USDT in bonus (pending risk review). Luckily, though, swapping between USDT and USDC is relatively easy if you ever need to go back and forth. Medium amount. USDC > 0.0004. Binance. Risk-averse investors flock to these coins because of their relative safety. This means you lose USDT value with no way to recover it passively. The major difference between the two, is what is backing each project. BlockFi. Fine print and fees. USD Coin Fees | Top Crypto Exchange's fees | CryptoFeeSaver How to Bridge ETH to BSC with USDT, USDC & More (2022) USDC is a stablecoin run by a joint partnership between Circle and Coinbase. Tether has been a controversial stablecoin for a while. You will need to first bridge stablecoins to the Binance Smart Chain (as shown above), then visit a BSC DEX like PancakeSwap to trade your BUSD for BNB. Similar to USDC, USDT is also an ERC-20 token pegged 1:1 to USD. The coin was started by Bitfinex, one of the oldest cryptocurrency exchange. Le stablecoin sono il pane e il burro dell’industria delle criptovalute, con i due asset con ancoraggio al dollaro più popolari che sono USDT e USDC. USDC Vs USDT Paxos Standard Token (PAX). Interest Fees While USDC has a circulating supply of 27.37B USDC and BUSD has a supply of 12.25B BUSD.