Browse all stablecoins

Compare stablecoins without comparing logos.

Put two stablecoins side by side and inspect the structure behind each one. The useful differences live in the issuer, backing, networks and legal framework—not the ticker.

Choose two records

USDCUSD CoinUSDTTether USD

Reference currency

USD
USD

Issuer

Circle
Tether

Backing model

Cash and short-duration US dollar assets
Cash and short-duration US dollar assets

Created

2018
2014

Published networks

34 networks
  • Algorand
  • Aptos
  • Arbitrum
  • Avalanche
  • Base
  • +29
14 networks
  • Aptos
  • Avalanche
  • BNB Smart Chain
  • Celo
  • Ethereum
  • +9

Networks in common

Aptos · Avalanche · Celo · Ethereum · NEAR · Solana
6 networks

Legal framework

United States / European Economic Area (France)Outside the EEA, Circle LLC operates under US money-transmission rules. In the EEA, Circle France issues USDC as a MiCA e-money token under its French EMI license.
El SalvadorEl Salvador’s Digital Assets Issuance Law and CNAD Stablecoin Public Offering Regulations; Tether is authorized as a stablecoin issuer and digital-asset service provider.

Fiber deposit status

Marked as supported for Fiber deposits
Marked as supported for Fiber deposits

A stable price target does not make two coins equivalent.

The reference currency is only the first layer. Before relying on a stablecoin, inspect who issues it, what supports its value, where redemption happens, which networks carry it and which rules apply.

Backing changes the risk.

Cash reserves, crypto collateral and hedged synthetic designs fail in different ways.

Networks change the route.

The same ticker on another network can use a different contract and transfer path.

Availability is product-specific.

Appearing in this research directory does not mean Fiber supports a deposit or transaction.