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What is the difference between USDT and USDC? A simple explanation for beginners.
Many new users on Binance face difficulty understanding the difference between USDT and USDC, especially since both are classified as stablecoins tied to the US dollar.
🔹 What is USDT?
USDT is one of the most widely used stablecoins in trading and is often used as an intermediary for buying and selling cryptocurrencies within platforms.
🔹 What is USDC?
USDC is also a stablecoin linked to the dollar, known for its focus on transparency and regulation, making it a preferred choice for some users.
🔹 Why do traders use them?
Reduce market volatility
Temporarily store value
Facilitate trading operations
⚠️ Note: Despite their stability, understanding the nature of each coin is important before use.
Summary
USDT and USDC are essential tools in the world of cryptocurrencies, and the choice between them depends on how you use the platform and your goals.
