Better Stablecoin Buy: Tether vs. USDC
Just two stablecoins -- Tether (CRYPTO: USDT) and USDC (CRYPTO: USDC) -- account for a whopping 90% of the value of the $250 billion stablecoin market. So, for the majority of investors, the question of which stablecoin to pick really comes down to Tether vs. USDC.
Since stablecoins are pegged 1-to-1 to the U.S. dollar and are designed to always trade for $1, the choice will be based on factors other than price. Here are three factors to keep in mind.
This is one area where Tether really shines. As the world's largest stablecoin, Tether has unparalleled liquidity. And the easiest way to see that is in daily trading volume. According to the latest stablecoin research from The Motley Fool, more than $100 billion in Tether changes hands every 24 hours. No other stablecoin even comes close. USDC, for example, sees daily transaction volume of only $13 billion.
Source Fool.com
