Last updated on June 8th, 2022

Stablecoins are important as they bridge the world of real money to crypto. You are able to lock in gains without having to convert to cash, avoiding price fluctuations. 2 of these stablecoins include USDC and GUSD, and here’s how these two are different:

The difference between USDC and GUSD

Both GUSD and USDC are stablecoins. However, USDC has a higher market cap, more trading pairs and higher availability of lending platforms compared to GUSD, which may result in greater use cases for USDC. Here is a further comparison between these 2 stablecoins:

Reserves Liquidity and Market Capitalisation

One of the most important aspects of a stablecoin is its reserves. This is how a stablecoin can maintain a constant price despite the changes in the cryptocurrency market.

USDC – Reserves and Liquidity

In an ‘attestation’ that was done by Grant...