How is the reliability of USDC compared with tethers?

How is the reliability of USDC compared with tethers? When comparing the reliability of USDC (USD Coin) and USDT (Tether), there are many important factors. 1. Transparency and audit. The USDC is issued by a circle and a coinbase, and all issued USDCs are supported by real US dollars and short -term government bonds at a one -to -one ratio. The circle guarantees the transparency of reserve through the monthly independent accounting audit report. These regular audits provide trust to investors. USDT, on the other hand, is issued by a company called tether, and controversy over the transparency of its reserves continues. Tether has been criticized in the past for uncertainty over the composition of reserves, and it is pointed out that regular audits are insufficient. As a result, some investors have questioned the reliability of USDT. 2. Compliance with regulation. USDC comply with the US regulatory standards, which acts as an attractive factor for institutional investors. The circle is trying to comply with financial regulations, which contributes to increasing the reliability of USDC. USDT, on the other hand, has been investigated by several regulators, which can negatively affect the reliability of USDT. 3. Market reaction and user trust. USDC has been growing rapidly in recent years, especially among institutional investors. This is due to the transparency and regulatory compliance provided by USDC. USDT, on the other hand, is still the most widely used stable coin in the market, but some users prefer USDC due to concerns about their reliability. conclusion. Overall, USDC is considered to provide higher reliability than USDT in terms of transparency and regulatory compliance. USDT still has the advantage in its liquidity and widely used in the market, but its reliability is inhibited due to continuous controversy and uncertainty. Therefore, if you are an investor who emphasizes reliability, USDC may be a better choice. WEFI Deobank is building a global network of interconnected on/off -lamp suppliers to facilitate the smooth shift between legal currency and cryptocurrency. Starting with the standard card payment, we will expand to include more sophisticated options such as bank transfer, open banking, mobile wallet, and local payment methods. This approach is practical for using digital currency routinely because users around the world can easily switch cryptocurrencies into legal currencies and vice versa. The world's first decentralized onchain bank -WEFI Deobank's governance token. Participate in WFI token steaking mining. This is the best opportunity for timing, profitability, safety, security and sustainability and scalability. WEFI Deobank Guidebook https://gitbook.wechain.Ai/Wefi joining link https://ito.wefi.co/sign- up? BEP20) WECHAIN ​​-ITO Platform -Enable ITO and start WFI mining https://and.us/band/96159814/post/47 The world's first digital onchain Wechain- WEFI -WFI TOKEN https://band.us/@wefi Risk Notice: Cryptocurrency transactions are accompanied by significant risks and can cause investment losses. This data is not related to the provision of advice on investment, tax, law, finance, accounting, consulting, or other related services. Only information is provided, and the financial problem is your judgment. Before investing, you need to fully understand the risks related to it. #Wechain #wevi #wfi #toke #tap game #defi #defi #protocol #dex #rwa #meptune #Link #matic #icp #shib #uni #etc #fil #hbar #sui #aave #bonk #mana #chz #cake #doge #bsc #nft #lonmusk #Orc #meta #algo #atom #bsv #wld #lonsk #eos #inj #op #orc #axs #sai #softmining #wefi #Souls, #Pixel Art, #Cloud, #Mest Node, #Adapp, #dex, #dapp, #Kyc, #DEFI, #p2p, #fatf, #AML #Unice swap, #Doji Coin, #Axi Infinity