Cryptocurrency Q&A Why is USDC more expensive than USDT?

Why is USDC more expensive than USDT?

BonsaiStrength BonsaiStrength Tue Nov 19 2024 | 7 answers 1879
I'm wondering why the price of USDC is higher compared to USDT. Both are stablecoins pegged to the US dollar, so what factors are causing this difference in their market values? Why is USDC more expensive than USDT?

7 answers

mia_harrison_painter mia_harrison_painter Thu Nov 21 2024
USDT boasts a wider network integration, which translates to lower fees when compared to USDC.

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Eleonora Eleonora Thu Nov 21 2024
This advantage in fee structure is particularly notable for larger transactions.

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Dario Dario Wed Nov 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both casual and seasoned crypto traders.

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DavidLee DavidLee Wed Nov 20 2024
However, for basic transfers, the fees associated with both USDT and USDC are negligible.

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Lorenzo Lorenzo Wed Nov 20 2024
This means that for small transactions, users may not see a significant difference in cost between the two stablecoins.

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