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How are Tether (USDT) & USD Coin (USDC) different and what advantage is there to using one over the other or are they the same? Tether has a somewhat shady past & is no longer backed 1:1 by physical dollars as they used to claim. Is the same true for USD Coin?

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  • What research have you done? (This site is populated by people who love fiat money.) – RonJohn Dec 18 '20 at 23:09
  • I searched it on google but didn't find anything explaining the difference. I saw other cryptocurrency related question here, so I figured it was OK to post it here. Is there a cryptocurrency specific SE? – jastako Dec 19 '20 at 7:04

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