Basically, USDT and USDC are correlated to each other. USDC is a stablecoin that is backed by the U.S. dollar and is designed to mitigate the volatility of cryptocurrencies such as Bitcoin through faster fund transfers, whereas USDT is favored for its liquidity and high-volume cryptocurrency investment.
USDT Price Change and Market Cap
Currently, USDT price is 0$ and the 24-hour change is 0.00%. The market cap of Tether today is $0 with a total of 0 USDT in circulation. In the past 24 hours, USDT price peaked at 0$ and the least price was 0$.
Tether Price Prediction
Tether is a stablecoin that is pegged against the US dollar and other fiat currencies. The price of USDT remains the same, i.e. $1 regardless of the market conditions. Technically, in any given time USDT price will be stable, even in the long run. USDT is a safe choice to enter or exit the market and avoid market volatility.
USDT to USDC exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to USDC would result in an output of 0$.
How to convert Tether USD to USD Coin
Tether and USD Coin comparison
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network.
Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according to its website. Tether is owned by iFinex, the Hong Kong-registered company BitFinex. These two stablecoins dominate the stablecoin market and are excellent choices for investors seeking involvement in the stablecoin market.
What is Tether?
Tether belongs to a new group of cryptocurrencies called Stablecoins. Unlike most cryptocurrencies, Tether is backed by assets or fiat currency. For instance, USDT is pegged against the US dollar at a proportion of 1:1. This backing from a fiat currency results in its less volatile nature and stability in the price. Tether was launched initially with the name RealCoin which was later rebranded as Tether and started trading in 2014. Tether was built to bridge the gap between the fiat currencies and blockchain. It is aimed at everyday transactions.
USDT was first issued on the Bitcoin blockchain through the Omni Protocol. Currently, Tether is available on various blockchains such as Etheruem, Tron, EOS and Algorand. Tether offers stable, transparent and secure transactions worldwide with a minimal transaction fee to the users. Tether Ltd., oversees the development of USDT and publishes the details of the reserves that back the value of USDT. Tether is backed not only by the US Dollars but also by Euro and Chinese Yuan.
Tether to USD Coin price details
USDT to USDC Conversion Rate and Price
Currently, the conversion rate for 1 USDT equals to 0$. The 24-hour highest price of Tether USD in relation to USDC was 0$ and the lowest was 0$. In short, USDT price in relation to USDC changed by 0.00%.
Instantly Exchange USDT to USDC
On ChangeHero you can instantly exchange Tether to USDC without signup. You can easily convert USDT to USDC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to USDC exchange.
USDT to USDC Best Rate Exchange
In the the Best Rate exchange of Tether to USDC, we search through various exchanges for the USDT to USD Coin pair and find the best rate available in the market. We provide you with an estimation of the amount of USDC you will receive.
As soon as you accept the terms and the USDT is deposited, the exchange will be automatically processed. We remind you that the final amount of USDC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to USDC.
USDT to USDC Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to USD Coin, ChangeHero finds a good rate for the pair USDT to USDC and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to USDC, you will receive the exact amount of USDC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDC address. ChangeHero is the best place to exchange USDT to USDC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to USDC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange USDT to USDC?
No, you do not require an account to swap USDT to USDC ChangeHero. There will be no registrations for your Tether to USD Coin transaction.
Do I need to go through KYC procedures for USDT to USDC exchange?
There will be no KYC for the USDT to USDC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDC to USDT?
Yes, you can instantly exchange USDC to USDT on ChangeHero.