USDT vs USDC: Ko te Stablecoin Me Whakamahia?
Tōpū ki te $1, engari i hangaia i runga i ngā ariā rerekē. Whakatauratia a Tether me Circle i ngā tahua, mārama, whakatūpato, whakauru ki te DeFi, ā, kimihia te moni pūmau e tika ana mō āu hiahia.
Whakaahuatanga USDT ki USDC
Ko te USDT (Tether) me te USDC (USD Coin) ngā mea nui rawa e rua moni pūmau nā te rahi o te mākete, e whakakotahi ana ki te nui ake i te 80% o te katoa o te whakatāutanga moni pūmau. Ka hono te rāua ki te tāra US i te 1:1, arā, ko ia tohu i hoatu kia $1 tonu i ngā wā katoa. Engari i muri i taua whāinga utu ōrite, e rua ngā rōpū tino rerekē, ngā rautaki pūtea, me ngā ariā.
USDT, i tukuna e Tether Limited, i tūāhua te ariā o te moni pūmau i te tau 2014, ā, kua tipu hei tūranga hokohoko rangatira i ngā whakawhiti pūtea ā-rohe puta noa i te ao. USDC, i whakarewa i te tau 2018 e Circle i te mahi tahi me Coinbase, i whiriwhiri i tētahi ara rerekē: whakatutukitanga pūnaha whakahaere katoa, whakamārama mārama o ngā pūtea tiaki, me te arotahi ki te whakawhirinaki a ngā whakahaere.
Ko te kōwhiri i waenganui i a rātou ehara i te mea noa o te hiahia. Ka pā ki tō whakatūpato ki te mōrearea whakahaere, te mārama o ō pūtea, te DeFi ngā tikanga e wātea ana ki a koe, ā, i te mutunga, te haumaru o tō pūtea. Ka wetewete tēnei aratohu i ia rerekētanga whai tikanga kia taea e koe te whakatau i te mea mārama.
Tōpū ki te $1 i te rua
Ka mau tonu a USDT me USDC i te tōpū 1:1 ki te tāra US mā ngā pūtea moni me ngā ōrite moni i pupuri ana e ō rātou kaiwhakawhiwhi.
Ngā kaiwhakawhiwhi rerekē
Ka tukuna e Tether Limited (BVI) te USDT. Ka tukuna e Circle Internet Financial (U.S.) te USDC. He rōpū whakahaere rerekē, he paerewa rerekē.
Ngā ariā rerekē
Ka aro nui te USDT ki te waiwai me te toro ā-ao. Ka aro nui te USDC ki te hāngai ki ngā ture me te mārama o ngā pūtea.
He aha te USDT (Tether)?
Ko USDT, e mōhiotia ana i te ingoa Tether, te moni pūmau tuatahi me te nui rawa o te ao. I whakarewaia i te tau 2014 e Tether Limited (he kamupene kua rēhitatia i ngā Moutere Virgin o Ingarangi, ā, e piri tata ana ki te hokohoko Bitfinex), i hangaia a USDT hei whakakotahi i te wāhi i waenganui i te moni fiat me te pūnaha crypto. Ka āhei ngā kaihokohoko ki te pupuri i tētahi taonga rite ki te tāra i runga i te aho me te kore e hiahia ki tētahi pūkete pēke tuku.
As of March 2026, USDT commands a market capitalization of approximately $142 billion, making it the third-largest cryptocurrency overall and by far the most traded stablecoin. On any given day, USDT's 24-hour trading volume regularly exceeds $50 billion, dwarfing every other crypto asset including Bitcoin and Ethereum.
a USDT kei te whakatūwhera i runga i ngā pūnaha poraka nui ake i tētahi atu moni pūmau, tae atu ki Ethereum (hei ERC-20 tohu), Tron (TRC-20, i te nuinga o te USDT e huri noa ana), Solana, Avalanche, Polygon, Arbitrum, Optimism, BNB Chain, TON, me ētahi atu. Ka whakatūwhera te noho maha-poraka nei i a USDT hei tātauira tauhokohoko taunoa i te nuinga o ngā whakawhitinga pūtea ā-roto i te ao.
Engari, kua pā ki a Tether te arotakenga tonu mō tōna whakakotahitanga pūtea. I te tau 2021, i whiu te CFTC i a Tether $41 miriona mō te hē whakatau i āna pūtea, ā, i tutuki te Kaiwhakahaere Ture o New York i tētahi whakatau $18.5 miriona i muri i te kite i te mea i whakakapi a Tether ngā āputa pūtea mō te wā poto mā ngā nama i ngā kamupene hononga. Nō reira kua whakapai ake a Tether i āna whakapuakitanga, ka whakaputa i ngā whakamātau pūtea ā-wāhanga, ā, ka whakaiti i tōna whakatūpato ki ngā pepa pakihi hei whakakapi i ngā nama kāwanatanga o te US. I te tau 2025, i rīpoata a Tether i te mau i nui ake i te $90 piriona i ngā nama US, ā, ka noho ia hei tētahi o ngā kaipupuri nui rawa i te ao.
Ngā Kaha o USDT
- Te rahi mākete teitei rawa me te waiwai hohonu o tētahi moni pūmau
- Te tātauira hokohoko rangatira i runga i te nuinga o ngā whakawhiti pūtea pūmau
- Kei te wātea i runga i ngā pūnaha poraka 15+ tae atu ki a Tron (ngā utu iti rawa)
- Te hītori roa: i te whakahaere mai i te tau 2014
- He rahi nui o te rahi 24 h ($50B+) e whakarite ana i ngā whakawhiti tata
Ngā Arohaehae o USDT
- Kaituhi i te BVI; kāore i raro i ngā ture pēke o te US
- Ngā utu whakatūpato a te kāwanatanga (CFTC, NYAG) mō te hē whakakite pūtea
- Ngā whakamana ā-rua marama (kāore he arotake katoa) nā BDO Italia
- He hononga tata ki Bitfinex e whakakui ana i ngā pātai whakahaere
- Ngā taipitopito tahua he iti ake i ngā pūrongo marama o USDC's
He aha te USDC (Circle)?
USDC (USD Coin) he moni pūmau kua rahua katoa i tukuna e Circle Internet Financial, he kamupene fintech i te United States i whakatuwheratia i te 2024. I tīmata te USDC i te Hōngongoi 2018 i raro i te pakihi tahi a Circle me Coinbase i karangatia ko te Centre Consortium. Mai i te 2023, kua riro a Circle i te mana whakahaere kotahi mō te tuku USDC.
Mai i te marama o Poutū-te-rangi 2026, he kapitaetanga mākete a USDC tata ki te $60 piriona, ka waiho hei moni pūmau tuarua. Ahakoa he iti iho i te USDT i te kapitaetanga mākete, kua riro a USDC hei moni pūmau e pai ana mō ngā tikanga DeFi, ngā kaihoko pūtea, me ngā tono pūtea kua whakatūpato. Ko tōna rahi hokohoko 24 haora e pā ana i te $8-15 piriona.
Ko te mea e wehewehe ana i a USDC ko tōna ū ki te mārama me te whakatūpato. Ka whakaputa a Circle ngā pūrongo whakamana tahua ia marama i arotake e Deloitte, tētahi o ngā kamupene kaute nui e whā. E whakapūmau ana ēnei pūrongo i te mea kei te pupuri ngā tahua USDC i te ngā tāke moni i ngā pēke US e whakahaeretia ana (tae atu ki a BNY Mellon) me ngā taonga pūtea US mō te wā poto ka whakahaerehia e BlackRock mā te Pūranga Tahua a Circle. Kāore he rokiroki pepa pakihi, kāore he hononga kamupene, ā, kāore hoki he taonga rerekē.
Kei te wātea a USDC i Ethereum, Solana, Base, Arbitrum, Optimism, Polygon, Avalanche, Stellar, me ētahi atu aho. Ka tautoko hoki a Circle Cross-Chain Transfer Protocol (CCTP), e āhei ai te whakawhiti USDC taketake i waenga i ngā aho tautokona me te kore e whakawhirinaki ki ngā piriti tētahi atu, e whakaiti ana i te mōrearea, ā, e whakarite ana kia mau tonu te USDC kua whakawhiti ki ngā pūtea tūturu.
Ngā Kaha o USDC
- Ngā whakamana pūtea ā-marama nā Deloitte (kaiārahi nui e whā)
- 100% i tautokohia e moni me ngā pūtea pūtea poto o te US
- Ko te kaiwhakawhiwhi he kamupene US kua whakahaeretia, e hokona i te mārketi
- Kōina pūmau e kōwhiria ana i DeFi (Aave, Compound, Morpho, Maker)
- Te whakawhiti ara-aho taketake mā CCTP (kāore he mōrearea rōpū tuatoru)
- Whaiārahi ki te MiCA mō ngā mākete Ūropi
Ngā āwangawanga mō USDC
- He iti ake te rahi o te mākete me te iti ake te rahi hokohoko i USDT
- Marama o Poutū-te-rangi 2023 i te tango i te uara ki ~$0.87 i te wā o te heke o SVB (i whakahou i roto i ngā rā)
- He iti ake te mana i ngā taurewa pūkete pūmau kāore i te US
- He iti ake ngā aho tautokona i USDT (kāore i te Tron)
- Ka taea e Circle te whakakiri wāhitau (āhuatanga whaiārahi ture)
Ngā rerekētanga matua i waenganui i USDT me USDC
I te wā e whai ana ngā moni pūmau e rua i te tāra, ka tino nui ō rātou rerekētanga ina tirohia te āhua o muri. Anei ngā āhuatanga rima e tino whai tikanga ana.
Ngā pūtea & Mārama
He rerekētanga nui rawa atu tēnei. USDC e whakaputa ana i ngā pūrongo whakamana ia marama e arotake ana e Deloitte, e whakaatu ana i te tātau o ngā pūtea: moni i pupuri i ngā pēke kua tapaina me ngā Pēke U.S. e whakahaere ana e BlackRock. Ka tirotirohia ā‑muri i te wāhi motuhake, ā, ka wātea ki te marea.
USDT whakaputa pūrongo whakamana ā-rua-whakaora (kāore he arotake katoa) mā BDO Italia. I te wā i whakapai ake nui a Tether i āna whakapuakitanga mai i te 2022, ā, ināianei kei a ia te nuinga o ngā pūtea i ngā nama pūtea o te United States, he iti ake te auau o ngā pūrongo, he iti ake te taipitopito, ā, kāore i mahia e tētahi kamupene kaute nui o te Big Four. Kāore i te wā i oti e Tether he arotake māmā katoa.
Ture & Whakapūmau
USDC ka tukuna e Circle, he kamupene kua rēhita hei Pakihi Ratonga Moni me FinCEN, kua whiwhi raihana i ngā wāhi maha o te US, ā, e hāngai ana ki te angaanga MiCA a te EU. I riro a Circle hei kamupene ka hokohoko i te mārket i te tau 2024, ā, ka whakatakotoria ki ngā whakaritenga pūrongo a te SEC me ngā pūrongo pūtea tūmatanui.
USDT ka tukuna e Tether Limited, kua whakatūria i ngā Moutere Virgin o Ingarangi. Ahakoa ka whakahaere a Tether i te ao whānui, ā, kua whiwhi i ētahi raihana rohe, kāore i raro i te āta tirotiro whakahaere rite ki a Circle. Ka whakaratohia tēnei i te ngawari whakahaere nui ake mō Tether, engari ka tuku i ngā kaiwhakamahi i ngā tiaki ture iti ake.
Tautoko Ārahi & Māmā
USDT e wātea ana i runga i ngā pūnaha poraka maha (15+) ā, ka rangatira i runga i te Tron, i reira te nuinga o ngā whakawhiti tangata‑ki‑tangata ka puta nā te utu tata ki te kore. He moni kōrero taunoa i Binance, OKX, Bybit, me te nuinga o ngā whakawhiti kāore i te US.
USDC e whānui ana i ngā pūnaha iti ake engari he noho rautaki i runga i Ethereum, Solana, Base (Coinbase's L2), Arbitrum, me Optimism. Ka whai hua a USDC i te CCTP a Circle's mō te whakawhiti tūturu, arā kāore koe e hiahia ki te whakamahi i tētahi piriti tuatoru ki te neke i USDC i waenganui i ngā pūnaha tautokona.
Whakapiri DeFi
USDC he moni pūmau e kōwhiria ana i te nuinga o ngā DeFi tikanga. Ko Aave, Compound, Morpho, Spark, me MakerDAO e kōwhiria ana a USDC i ō rātou mākete tuku. He maha ngā tikanga DeFi e whakamahi ana i USDC hei momo taura matua nā te āwhina mārama o tēnei moni. Ko te uara katoa kua mau (TVL) i USDC puta noa i DeFi e hipa i te $15 piriona.
USDTKei te tautokohia hoki a USDT i roto i te DeFi engari he wāhi iti ake tōna i runga i te aho i te whiwhinga o tōna kapua hokohoko katoa. He maha o te rahi o USDT's e noho ana i ngā whakawhiti pūtea ā-motu. I te DeFi, he kaha motuhake a USDT i ngā pūkete Curve me te mea hei tātai hokohoko i ngā DEX, engari kāore i te whakamahia noa noa hei taura here i ngā tikanga nama.
Hītori Depeg
USDCi pā ki te whakaiti nui rawa o te depeg i te marama o Poutū-te-rangi 2023 i te wā i hinga ai te Silicon Valley Bank. I whai Circle i te $3.3 piriona o ngā pūtea i te SVB, nā reira i heke te USDC ki te tata ki te $0.87 i ngā mākete tārua. I whakahokia katoa te peg i roto i ngā toru rā i muri i te whakaaetanga a te FDIC i ngā tāke katoa o te SVB. Kua whakawhānui a Circle i ngā hoa pakihi pēke i muri i taua wā.
USDT kua pā ki ngā huihuinga depeg iti (tōkeke ki $0.95-$0.97) i ngā wā o te mataku mākete nui, engari kāore i te wā i te huihuinga depeg nui kotahi e ōrite ana ki te wāhanga SVB o USDC. I te mea whakamārie, i te wā o te pōrearea SVB, i taupua a USDT i runga i te $1 mō te wā poto i te mea i oma ngā kaihokohoko i USDC ki USDT.
Ripanga Whakatauranga Taipitopito
He wehewehenga taha-mua i ia tauira e whai tikanga ana i te whiriwhiri i waenga i USDT me USDC.
| Tauira | USDT (Tether) | USDC (Circle) |
|---|---|---|
| Rahi o te mākete | ~$142 billion | ~$60 billion |
| Kaiwhakaputa | Tether Limited (BVI) | Circle (U.S., ka hokohoko i te mārketi) |
| Tau Whakaputanga | 2014 | 2018 |
| Tautokonga Tahua | Ngā Pēke o te US, moni, nama kua tiakina, ngā haumi kē | Moni + ngā Pūkete poto o te US anake |
| Arotake / Whakaū | Whakaū ā-wāhanga (BDO Italia) | Whakaū ā-marama (Deloitte) |
| Ngā Aho Ka tautokohia | 15+ (Ethereum, Tron, Solana, BNB, TON...) | 10+ (Ethereum, Solana, Base, Arbitrum...) |
| TVL DeFi | ~$8 piriona | ~$15 piriona |
| Rahi Hokohoko 24h | $50B+ (tohito) | $8-15B |
| Kino Tūponotanga Depeg | ~$0.95 (iti, poto) | ~$0.87 (SVB, Marere 2023, i whakahokia i roto i ngā rā 3) |
| Whakahaere | Mōkito (i runga i te BVI) | FinCEN, raihanā kāwanatanga, MiCA |
| Mō te tino pai | Hokohoko CEX, tuku moni, waiwai | DeFi, penapena, whakamahinga whakahaere |
Whiwhi 7% APY i runga i te USDC
Ka whakaaetia e Coinstancy kia whiwhi koe 7% APY i runga i tō USDC me te whakakotahi o ia rā, kāore he wā ārai, me te tango tere. Whakaritea ō stablecoins kia mahi i te wā e mau ana i te ngawari katoa.
Tīmata te whiwhi moni i te CoinstancyKo tēhea Stablecoin me whakamahi mō te DeFi?
Mēnā kei te kaha koe i te pūtea whakawhitinga kore, ko te kōwhiringa i waenganui i USDT me USDC he pānga whai tikanga mō ngā rautaki e wātea ana ki a koe, ngā hua ka whiwhi koe, me te āhua mōrearea o ō tūranga.
USDC is the DeFi standard. The majority of blue-chip lending protocols, including Aave, Compound, Morpho, and Spark (formerly MakerDAO), designate USDC as their primary stablecoin market. This means deeper liquidity, better borrow/supply rates, and more composability with other DeFi building blocks. When protocols need a "safe" stablecoin for collateral calculations or liquidation mechanisms, they overwhelmingly choose USDC because of its transparent, fully-audited reserves.
He rangatira a USDT i te hokohoko CEX me ngā pūreke Curve. Mēnā ko tō rautaki DeFi e whai wāhi ana ki te hokohoko i ngā taurewa pūmau, ki te tuku waiwai ki ngā pūreke stablecoin a Curve's (pērā i te 3pool), ka mau tonu a USDT hei mea nui. Ko tōna rahi hokohoko kāore i ōrite, e tohu ana i ngā whakawhitinga whiriwhiri paku me ngā whakakī tere. He maha ngā rautaki arbitrage i waenganui i ngā CEX me ngā DEX e taea ana anake mā USDT nā te painga waiwai o tēnei.
Tō mātou taunakitanga: Whakamahia te USDC mō te tuku, te nama, me ngā rautaki hua e hiahia ana koe i te mārama nui me te tautoko kaupapa. Whakamahia te USDT ina hiahia koe i te waiwai mārahi mō te hokohoko, te hokohoko ā-āhua. He maha ngā kaiwhakamahi DeFi wheako e pupuri ana i ngā mea e rua, ā, ka whakawhiti i waenganui i a rātou i runga i te Curve i te wā e hiahiatia ana.
Whakamahia USDC mō
- Tuku ki Aave, Compound, Morpho
- Taonga i ngā kaupapa tuku DeFi
- Mahi hua me ngā rautaki penapena
- Ngā penapena moni pūmau mō te roanga wā
- Ngā take whakamahi a ngā whakahaere, kua whakatūpato
Whakamahia USDT mō
- Hokohoko CEX wāhi me ngā wāhanga
- Utu whakawhiti ā-rohe (inoa mā Tron)
- Te tuku waiwai Curve me DEX
- Arbitrage i waenganui i te CEX me te DEX
- Ngā mākete e rangatira ana te USDT hei tātua
Ko tēhea Stablecoin te pai mō te penapena?
Ina ka pupuri koe i ngā stablecoin hei penapena, kaua mō te hokohoko kaha, ka huri te tātaitanga ki te taha o USDC. He mea māmā te take: e hiahiatia ana e te penapena te whakawhirinaki, ā, e hiahiatia ana e te whakawhirinaki te mārama.
Me te USDC, ka taea e koe te whakamana ia marama i te mea ko tō stablecoin i tautokohia katoa e te moni moni me ngā Pūkete U.S. i ngā whakahaere kua tapaina, kua whakahaeretia. E mōhio ana koe ki te kaitirotiro (Deloitte), ki te kaitiaki (BNY Mellon), me te kaiwhakahaere rawa (BlackRock). Ka whakaratohia e tēnei taumata whakamana i tō māia kia mōhio koe ka mau tonu te $1 i te $1 i te wā e hiahiatia ana e koe, ahakoa ko āpōpō, ā, i roto i ngā tau e rua.
Ko ngā tahua o USDT's tata ki te tika, engari ko te kore arotake katoa e tikanga ana ko te whakapono ki te kupu a Tether's i mua i te raraunga i whakamana motuhake. Mō te hokohoko kaha e pupuri ana koe i te USDT mō ngā meneti, ngā haora rānei, he whakaae tēnei. Mō ngā penapena e pupuri ana koe mō ngā marama, ngā tau rānei, kāore te mōrearea tōkeke e whai wāhi ana.
Ka tukuna e Coinstancy 7% APY i runga i te USDC me te whakakotahi ia rā, kāore he wā whakakā, me te tango tere. I kōwhiria e mātou te tautoko i te USDC anake nā te mea e hāngai ana ki tō mātou ariā o te mārama katoa. Ka whiwhi tō hua i ngā mākete kārihi DeFi kua whakatūria, ā, ko tō taonga i raro iho ko te stablecoin mārama rawa atu i te mākete.
7% APY
I runga i te USDC me Coinstancy
Ia rā
Te auau whakakotahi
Kāore he whakakā
Tango tere i ngā wā katoa
Ngā stablecoin kē atu hei whakaaro
Ko USDT me USDC te rangatira i te mākete, engari he maha atu ngā moni pūtea pūmau e mahi ana i ngā tūranga motuhake i te pūnaha. Anei he tirohanga poto o ngā kōwhiringa tino rongonui.
GHO (Aave)
He moni pūtea pūmau kāore i te whakahaere, he nui rawa te tiwhikete, i hangaia mā Aave. Ka tautokohia a GHO e ngā tiwhikete kiripito, kāore i ngā pūtea fiat, ā, ka kore e taea te whakaiti. Ka whakahaerehia ngā reiti pānga e ngā kaipupuri tohu AAVE. He iti ake te rahi o te mākete o GHO's (~$200M) engari e tipu ana i te whanaketanga o te pūnaha Aave.
Pānuihia te Ārahi GHOUSD1 (World Liberty Financial)
He kaiuru hou i tautokohia e ngā Pēke o te United States me ngā tāke pēke, e whai ana a USD1 ki te whakataetae ki USDC i runga i te mārama, me te whakamahi i ngā hononga pūmau. He wāhanga tuatahi tonu me ngā hononga DeFi iti, engari e tika ana kia mātakitaki i te whanaketanga o te āhua o ngā moni pūmau.
Pānui Ārahi USD1DAI / USDS (Sky, i mua i te Maker)
Te moni pūtea pūmau taketake, kua hurihia ināianei ki USDS i raro i te Sky Protocol. Kua whakakapiwhakakotahi i te nui o ngā rawa crypto me ngā rawa o te ao tūturu. He $5 piriona te rahi mākete o DAI/USDS, ā, kei te noho tonu hei pou matua o te DeFi, otirā mō ngā kaiwhakamahi e hiahia ana i tētahi moni pūtea pūmau kāore i te whakahaere e tētahi kamupene kotahi.
EURC (Poraka)
Ko te stablecoin a Circle i raro i te euro, e 1:1 ki te EUR. He hāngai ki te MiCA te EURC, ā, e whiwhi haere ana i te rongonui i ngā mākete DeFi i Ūropi. Ka whakamahi i ngā paerewa pūtea me te whakamana ōrite ki te USDC, ā, koia te stablecoin euro mārama rawa e wātea ana.
Kua whiriwhiri koe? Whakaritea te USDC ki te mahi.
Whiwhi 7% APY i runga i te USDC me Coinstancy. He whakakotahi o ia rā, kāore he here, he tango tere. Kāore e tika kia noho mokowā ō stablecoins.
Tīmata ki te whiwhi 7% APYNgā Pātai Auau
He haumaru ake te USDT, te USDC rānei?
Ka taea e USDT me USDC te ngaro i tā rātou hononga?
Ko tēhea moni pūmau te mea whai utu iti?
Ka taea e au te huri i te USDT ki te USDC i te ngawari?
He aha i tuku anake e Coinstancy i ngā hua USDC?
Ko tēhea moni pūmau te pai mō ngā tīmata?
Haere tonu ki te ako
Tirohia ētahi aratohu anō mō ngā moni pūmau, ngā rautaki DeFi, me ngā mātāpono crypto.
He aha te APY i roto i te Crypto?
Mārama ki te hua tau ā-rau, me te mahi o te whakakotahi, me te āhua o te whakataurite i ngā hua DeFi.
Pānui Aratohu AratohuGHO Stablecoin Aratohu
Ngā mea katoa mō te Aave's moni pūmau: me pēhea te mahi, te hanga, me te whakahaere.
Pānui Aratohu AratohuAratohu Moni Pūmau USD1
Ako mō te World Liberty Financial moni pūmau, tōna tautoko, me te āhua o te whakataurite ki te USDC.
Pānui AratohuWhiwhi 7% APY i runga i te USDC me Coinstancy
Ko te USDC te moni pūmau mārama rawa atu i te mākete. Ka taea e Coinstancy te whiwhi 7% APY i tō USDC me te whakakotahi o ia rā, kāore he wā ārai, ā, he tango tere. Me whiwhi tō penapena i te hua me te mārama.
Tīmata te whiwhi moni i te CoinstancyKo te USDC te kōwhiringa mārama mō te penapena
Ngā tahua mārama, kaiwhakawhiwhi kua whakahaeretia, me te 7% APY i runga i a Coinstancy. Tīmata te whiwhi moni i tēnei rā.