USDC (USDC)

USDC trades at $0.9998, virtually indistinguishable from Tether in price but superior in transparency, with Circle publishing monthly attestations that cover 100% of reserves. While Tether dominates with $95 billion in supply, USDC's $32 billion cap and nstitutional flows — $1.8 billion in daily volume — make it a trusted alternative for DeFi lending, where it commands 18% market share. A key differentiator: USDC's tighter peg to the dollar, with a 99.98% correlation versus Tether's 99.95%, backed by $12 billion in U.S. Treasury reserves, a 24% higher transparency score per industry benchmarks.