Which stablecoin, Tether or USDC, is more widely accepted by cryptocurrency exchanges?

3 answers

• Dec 26, 2021 · 3 years ago
  Tether (USDT) is currently the most widely accepted stablecoin by cryptocurrency exchanges. It has been around since 2014 and has established itself as the dominant stablecoin in the market. Many exchanges list USDT as a trading pair for various cryptocurrencies, making it easily accessible for traders. Additionally, Tether has a higher trading volume compared to USDC, indicating its popularity among traders and exchanges.
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• Dec 26, 2021 · 3 years ago
  USDC, on the other hand, has gained significant traction in recent years and is also widely accepted by cryptocurrency exchanges. It is a regulated stablecoin issued by Circle and Coinbase, which adds a layer of trust and transparency. USDC has been listed on numerous exchanges and is often used as an alternative to Tether. Some exchanges even offer USDC as the default stablecoin for trading pairs. Overall, both Tether and USDC have a strong presence in the cryptocurrency exchange ecosystem, and their acceptance may vary depending on the specific exchange and its user base.
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• Dec 26, 2021 · 3 years ago
  As an expert in the field, I can confidently say that Tether (USDT) is the more widely accepted stablecoin among cryptocurrency exchanges. Its long-standing presence and high trading volume make it the go-to stablecoin for many traders and exchanges. However, it's worth noting that USDC has been gaining popularity and acceptance, especially with its regulated status and backing from reputable companies like Circle and Coinbase. Ultimately, the choice between Tether and USDC may depend on individual preferences and the specific exchange one is using.
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