Cryptocurrency Q&A Is USDC equal to USDT?

Is USDC equal to USDT?

GliderPulse GliderPulse Tue Oct 29 2024 | 6 answers 1196
I'm wondering if USDC and USDT are equal. Are they interchangeable or do they have different values and uses? I want to understand the relationship between these two cryptocurrencies. Is USDC equal to USDT?

6 answers

MysterylitRapture MysterylitRapture Thu Oct 31 2024
For those looking to purchase USDC, the cost is slightly more than face value.

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TaekwondoMasterStrength TaekwondoMasterStrength Thu Oct 31 2024
For instance, acquiring 5 USDC would require 5.01 USDT.

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KatanaSharpened KatanaSharpened Thu Oct 31 2024
The exchange rate between USDC and USDT is currently set at parity.

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KpopStarletShine KpopStarletShine Thu Oct 31 2024
Conversely, when converting USDT to USDC, the rate remains at 1:1.

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Claudio Claudio Thu Oct 31 2024
Specifically, 1 USDC is equivalent to 1.00 USDT.

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