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USDC and Tether are _not_ the same thing. They're collateralized and distributed differently; the only similarity they have is being stablecoins. That's like sa
by Karrot_Kream 5y ago
USDC and Tether are _not_ the same thing. They're collateralized and distributed differently; the only similarity they have is being stablecoins. That's like saying potatoes and carrots are the same thing because they're vegetables.
- NicoJuicy 5y agoThere are more similarities: - Both are not really audited - Both have retracted claims of being fully USD backed ( only tether had to do it after court and USDC changed it a bit later)