Stablecoins USDC和USDT：哪个是最好的？

Stablecoins是加密市场的关键基石，并提供旨在减轻加密货币领域通常看到的波动性的数字资产。

Stablecoins are a critical cornerstone of the crypto market and offer digital assets designed to mitigate the volatility usually seen in the digital asset sector. Two of the most widely used stablecoin options are USD Coin (USDC) and Tether (USDT), which are each designed to maintain a value of one US dollar, though not in precisely the same way.

Stablecoins是加密市场的关键基石，并提供旨在减轻数字资产领域通常看到的波动性的数字资产。使用的两个最广泛使用的Stablecoin选项是USD Coin（USDC）和Tether（USDT），它们旨在保持一美元的价值，尽管并非完全相同。

While both serve a similar purpose, they have significant differences in backing, regulatory compliance, and overall market metrics that can all substantially impact your personal investing or trading strategy. In this post, we’ll be getting into the nitty-gritty of USDT and USDC so that you can get a clearer picture of which one suits your portfolio best.

尽管两者都有类似的目的，但它们在支持，法规遵从性和整体市场指标上都有显着差异，这些指标都可能实质上影响您的个人投资或交易策略。在这篇文章中，我们将进入USDT和USDC的挑剔，以便您可以更清楚地了解哪种最适合您的投资组合。

What is a Fiat-Backed Stablecoin?

什么是由菲亚特支持的稳定汤？

Fiat-backed stablecoins are crypto assets that represent the same value as traditional fiat currencies, in this case, the world-favorite US dollar. Each token theoretically holds the same value as one US dollar held in reserve assets by the issuer.

由菲亚特支持的稳定股份是代表与传统法定货币相同的价值的加密资产，在这种情况下，是世界最喜欢的美元。每个令牌理论上都具有与发行人在储备金中持有的一美元相同的价值。

Stablecoins are designed to maintain price stability, unlike many conventional digital assets like Bitcoin and Ethereum, which are plagued with high volatility. For many investors, such features can make them a reliable ‘safe haven’ for investors who don’t want to park extra cash in more volatile crypto assets. Their stable value also makes them perfect for everyday transactions, cross-border payments, or just parking funds digitally.

与许多传统的数字资产（如比特币和以太坊）不同，Stablecoins旨在保持价格稳定性，这些数字资产受到高波动性的困扰。对于许多投资者而言，这些功能可以使它们成为不想将额外现金停放更多波动加密资产的投资者的可靠“避风港”。它们的稳定价值也使它们非常适合日常交易，跨境支付或仅以数字方式停车。

Major stablecoins like USDT and USDC rely on conventional, regulated financial institutions or third-party custodians to store the collateral backing the asset. This collateral can include cash or other fiat currency, short-term treasury bills, or various other assets.

USDT和USDC等主要的Stablecoin依靠常规，受监管的金融机构或第三方保管人来存储支持资产的抵押品。该抵押品可以包括现金或其他法定货币，短期国库券或其他各种资产。

By making sure that each token minted has corresponding reserves, the stablecoin market stays tightly pegged to the US dollar. This strategy is known as the ‘tokenized dollar’ approach, and it adds convenience in the trading, holding, or transferring of stablecoins across various blockchain networks without encumbering users in the conventional friction of banking services.

通过确保每个令牌铸造都有相应的储量，Stablecoin市场与美元保持紧密联系。该策略被称为“令牌化的美元”方法，它为在各种区块链网络中贸易，保留或转移稳定的交易，持有或转移，而无需掩盖用户在银行服务的常规摩擦中。

What is USDC (USD Coin)?

什么是USDC（美元硬币）？

USD Coin is a stablecoin created by the Centre Consortium, which is a collaboration between crypto giant Coinbase and Circle. USDC is designed to stay locked at 1:1 with the US dollar, and each token is backed by cash and short-term Treasury instruments.

美元硬币是由中心财团创建的稳定币，这是加密巨头Coinbase和Circle之间的合作。 USDC旨在以美元的价格保持在1：1的锁定，每个代币都以现金和短期财政部仪器的支持。

Each month, Circle issues third-party assurances that outline its reserves and reinforce its fully transparent collateralization. USDC is comparatively new but gained critical traction quickly, thanks in no small part to powerful partnerships, widespread adoption across multiple blockchains, including Solana, Ethereum, and Avalanche, and a foundational role in DeFi.

Circle每月都会发布第三方保证，以概述其储备并加强其完全透明的抵押品。 USDC相对较新，但很快获得了关键的吸引力，这在很大程度上要归功于强大的合作伙伴关系，包括Solana，Ethereum和Avalanche在内的多个区块链中广泛采用，以及在Defi中的基础角色。

USDC volume and market cap

USDC数量和市值

Data from CoinMarketCap shows that USDC’s market cap stands at around $60.10 billion, ranking it among the largest stablecoins. Its daily trading volume hovers near $11.25 billion, reflecting robust demand from traders and institutions across centralized and decentralized exchanges.

CoinMarketCap的数据表明，USDC的市值约为601亿美元，将其排名最大。它的日常交易量徘徊在112.5亿美元中，反映了集中化和分散交易所的贸易商和机构的强劲需求。

USDC stability

USDC稳定性

USDC aims to reduce de-pegging risks by publishing frequent attestations through respected accounting firms. The partnership with well-known financial institutions also bolsters investor confidence. While market volatility can temporarily influence USDC’s price, it typically remains close to one dollar, thanks in large part to transparent reserve management.

USDC的目的是通过通过尊敬的会计师事务所发布频繁证明来降低脱离风险。与知名金融机构的合作伙伴关系也增强了投资者的信心。尽管市场波动率可以暂时影响USDC的价格，但通常仍保持接近一美元，这在很大程度上要归功于透明的储备管理。

What is USDT (Tether)?

什么是USDT（系绳）？

USDT is the most widely used stablecoin and leads all other fiat-pegged assets in the crypto space. It was created in 2014 and was one of the first tokens to popularize the concept of a digital asset pegged to the US dollar. Each token is algorithmically locked to one dollar in liquid reserve assets, though the reserve structure and disclosures have faced scrutiny over the years.

USDT是使用最广泛的稳定稳定性，并在加密货币空间中领导所有其他菲亚特·皮格资产。它成立于2014年，是最早普及将数字资产固定到美元的概念的代币之一。尽管储备结构和披露在多年来一直面临审查，但每个代币都以算法锁定为一美元。

USDT volume and market cap

USDT数量和市值

USDT’s market capitalization is approximately $143.99 billion, making it the largest stablecoin by a considerable margin. Its 24-hour trading volume frequently surpasses $60 billion, highlighting the high liquidity that is crucial for traders and institutions who want to move in and out of volatile crypto positions. Due to this massive volume, USDT is the most popular quote currency on numerous exchanges, particularly for popular trading pairs like BTC/USDT and ETH/USDT.

USDT的市值约为1,439.9亿美元，使其成为最大的稳定股。它的24小时交易量经常超过600亿美元，突出了高流动性对于想要进出波动加密货币职位的交易者和机构至关重要的。由于这一庞大的量，USDT是许多交易所中最受欢迎的报价货币，尤其是对于BTC/USDT和ETH/USDT等流行交易对。

USDT stability

USDT稳定性

Tether’s resilience in maintaining its dollar peg for nearly a decade is notable, but it has faced persistent questions over the exact composition and transparency of its reserves. The company has committed to improved reporting, but critics and detractors still push for greater insight into collateral assets.

Tether在近十年中保持其美元钉的韧性是值得注意的，但是它在其储备的确切组成和透明度方面遇到了持续的问题。该公司已承诺改善报告，但批评家和批评者仍在推动更深入地了解抵押品资产。

USDC vs USDT: Key Differences

USDC vs USDT：关键差异

Launch Date

发布日期

USDT debuted in 2014 as the first stablecoin pegged to the US dollar, giving it a longer track record and a gracious head start in building global liquidity. USDC just appeared in 2018 through a collaboration between Circle and Coinbase to create a regulated pedigree in the stablecoin crypto ecosystem.

USDT于2014年首次亮相，这是第一个与美元挂钩的Stablecoin，这使其具有更长的往绩，并在建立全球流动性方面有了愉快的开端。 USDC刚刚通过Circle和Coinbase之间的合作在2018年出现，在Stablecoin Crypto生态系统中创建了受管制的血统。

Winner: USDT for greater longevity.

优胜者：USDT寿命更长。

Market Cap

市值

With a market capitalization of more than $60B, USDC’s market cap

凭借超过$ 60B的市值，USDC的市值