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Author Topic: Question about loans here USDT vs USDC  (Read 302 times)
EarnOnVictor
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August 15, 2026, 10:16:47 AM
 #21

I've noticed that most of the stablecoin loan requests here tend to be for USDT and not USDC.  I find this curious, as I've found in my personal interactions with people in real life, that USDC is more popular.
This depends on people you are asking from and the country you are. I would doubt that if they are truly crypto persons. The USDC will always be more popular with those who are used to the fiat-kind of security, and indeed, regulators are friendlier with USDC than USDT; a very good reason why people in advanced countries would trust it more from many standpoints.

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Is USDT somehow considered more Bitcoin friendly than USDC and that is why it gets more attention on this forum or is there some other reason I'm not seeing why USDT appears so popular in this section where USDC seems nearly nonexistent? 
Bitcoin has nothing to do with this, but the time they were created, how much people and companies accepted (liquidity), and above all, how they were both structured. Of course, the USDT wins in most of these, especially being the first successful stablecoin, right after the functionally dead bitUSD.

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Ndabagi01
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August 15, 2026, 05:12:58 PM
 #22

Bitcoin has nothing to do with this, but the time they were created, how much people and companies accepted (liquidity), and above all, how they were both structured. Of course, the USDT wins in most of these, especially being the first successful stablecoin, right after the functionally dead bitUSD.

I am more familiar with USDT and I use it more. All my conversions to stable coins are in USDT and never opt to convert to any other stable coin before. Maybe the reason was what you highlighted in your reply here because I barely even know the full meaning of USDC, like what the last C in the abbreviation means since I don’t even convert to it. Someone sent USDC for me instead of USDT, during conversion before doing P2P, I saw the a difference between them. It was since then I came to know that 1USDT is not equal to 1USDC and they’re both stable coins, what could be the reason for that because I saw one time that there is a bit of fraction difference between them.

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August 15, 2026, 07:27:16 PM
 #23

If you are talking about European countries then in this case USDC will be more popular among people there to use than USDT because since the implementation of CASPs rules in Europe in 2024, cex have brought limitations in USDT (delisted also).
And maybe that is why people there use USDC in real life?
But this does not explain why USDT is in higher demand than USDC. If the question is about why USDC is in high demand, then this explanation would be useful! Or am I missing something? USDT is banned in the EU by MiCA, so in the EU, people will use MiCA authorized stablecoins only.

What I think is why people on this forum talk more about USDT when it comes to loans. They might be using DEXs or instant no KYC exchanges, and not all of them have the pair that they want, but USDT is universally used by everyone. Maybe that's why. Or another reason can be the nature of the person, because if I am used to USDT since the start, then my first choice is going to be it.

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Today at 07:21:38 AM
 #24

If you are talking about European countries then in this case USDC will be more popular among people there to use than USDT because since the implementation of CASPs rules in Europe in 2024, cex have brought limitations in USDT (delisted also).
And maybe that is why people there use USDC in real life?
But this does not explain why USDT is in higher demand than USDC. If the question is about why USDC is in high demand, then this explanation would be useful! Or am I missing something? USDT is banned in the EU by MiCA, so in the EU, people will use MiCA authorized stablecoins only.
I think you didn't understand my explanation well here. I have already mentioned here that the reason why USDC is used more in European countries is the ban on USDT. I didn't mean thats the reason for
I said this here in the context of OgNasty's  these words.
I find this curious, as I've found in my personal interactions with people in real life, that USDC is more popular.
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What I think is why people on this forum talk more about USDT when it comes to loans. They might be using DEXs or instant no KYC exchanges, and not all of them have the pair that they want, but USDT is universally used by everyone. Maybe that's why. Or another reason can be the nature of the person, because if I am used to USDT since the start, then my first choice is going to be it.
Is this actually a proper explanation? I don't think so,   Grin
Because I have already given kindda same explanation, by mentioning the market volume of USDT and USDC. And the higher the volume, the more universally used it is.  Wink

And because of USDT is universally used more, that is why USDT is also used in this forum more than USDC, But still, the question here "why USDT is universally used more?"

And here, if I could give a very simple answer in one sentence, USDT was one of the first solutions that solved this problem so that we wouldn't have to go to the bank again and again for selling Bitcoin.

It started its journey in 2014 and on the other hand, USDC started its journey in 2018.

The thing is that USDT is an adult while USDC is a newborn baby.

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