USDT vs USDC: Tether leads on liquidity, Circle on transparency and audits

USDT (Tether) and USDC (Circle) are the two largest stablecoins, both pegged one-to-one to the US dollar and fully backed by reserves. Tether leads in liquidity and trading volume across global exchanges. Circle differentiates itself through transparency – it is a publicly traded company with regular audits and licences in both the US and the EU.