Back to all guides
Beginner7 min read
USDC vs USDT vs DAI
Compare leading stablecoins and pick what fits your needs.
Last updated: February 8, 2026
What are stablecoins?
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to the US dollar. They combine the benefits of cryptocurrency (fast, borderless transactions) with the stability of traditional currency.
Stablecoin comparison
| USDC | USDT | DAI | |
|---|---|---|---|
| Issuer | Circle (with Coinbase) | Tether Limited | MakerDAO (decentralized) |
| Type | Fiat-backed | Fiat-backed | Crypto-collateralized |
| Market cap | $75+ billion | $90+ billion | $5+ billion |
| Pros |
|
|
|
| Cons |
|
|
|
| Trust & transparency | Monthly attestations, regulated | Quarterly attestations, less transparent | On-chain, fully transparent |
| Liquidity | Strong, growing | Highest trading volume | Decent, mostly DeFi |
| Decentralization | Centralized | Centralized | Truly decentralized |
| Regulatory compliance | Most regulated | Some regulation | Varies by jurisdiction |
| Best for |
|
|
|
Many experienced users hold multiple stablecoins to spread risk. There's no single right answer — pick what fits your priorities, or diversify across two or three.
Important reminders
No stablecoin is 100% risk-free • Past stability doesn't guarantee future stability • Stablecoins can temporarily lose their peg during market stress • Don't invest more than you can afford to lose • Consider using multiple stablecoins for large amounts