USDC vs USDT: Which stable coins is actually very stable?

[King Belieal]

It seems like USDT and USDC are the most popular stable coins. I have been monitoring the price movements of both stable coins and I discovered that USDC is always fixed at $1 and we always have USDT moving somewhere around $0.999. It seems to me that USDC is more stable than USDT.

Would you agree with me on that?

 

[Kross]

I had a $5 USDC payment that changed to $4.99 the following day.

 

[Suba]

This time I have to disagree with you, even though both are the most popular stablecoins, the current price of both stablecoins is the same $0.99. This price depends on the volume on the crypto exchange. If the volume increases the price changes slightly, but will always be considered stable compared to other cryptos.

 

[Min George]

Stable coins don't change above one cent from my experience with them. I have seen USDC and USDT at $0.99 before. The good thing is that they quickly return to a dollar soon after that.

 

[Nomad]

Frankly speaking, I do not see much difference. That's because both of these stable coins are pegged with USD and will fluctuate according to USD price.

 

[King Belieal]

I would have to agree with you. The two of them are fairly stable. And it is good that we have them to escape volatility.

 

[riberet19]

I lost money with a depeg of USDC, which fell to $0.92, since I know USDT nothing like this has ever happened, so I think it is more stable.