Stablecoins are vital to Web3 payments. USDT and USDC are the most popular options, but many teams struggle to decide. Here’s a comprehensive comparison to guide your choice.
Background
Both USDT (Tether) and USDC (USD Coin) are pegged 1:1 to the US dollar and widely used for cross-border settlements.
Comparison 1: Issuers and Transparency
- USDT is issued by Tether, often criticized for reserve transparency.
- USDC is backed by Circle and Coinbase, offering regular audits and recognized compliance.
Comparison 2: Liquidity
USDT enjoys higher global trading volume and broader acceptance.
Comparison 3: Compliance Risks
USDC operates under a clearer US regulatory framework, while USDT faces scrutiny in some jurisdictions.
Comparison 4: Fees and Speed
Both have similar speeds on ERC20 networks, but platform fees may vary.
DogPay Recommendation
For regulatory confidence and transparency, choose USDC. For liquidity and acceptance, USDT may be preferable. DogPay supports both, giving you flexibility.
Conclusion
There’s no absolute “best” stablecoin—the right one is what fits your strategy. DogPay helps you build a flexible payment stack.
