Analyzed why recently $USDC is always at a premium compared to $USDT .
In summary, European and American users exited and converted USDC into fiat currency (reducing supply). The remaining USDC has been withdrawn by these activities (reducing supply).
There is basically no USDC left in the market, and with the supply being quite limited, it has to be bought at a premium. USDT is also not as good as USDC in terms of wealth management (intra-market demand).
By the way, the @baseapp wallet offers a long-term interest rate of 3.8%. You can store usdc here | No need to go through any defi protocol | Just hold it
USDT has no place to be used. usdc pledge has become scarce
The USDC premium is actually a signal of a bearish market. Although USDT has advantages in trading depth, no one is using it anymore.
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Tried out the new Grok4.1 model.
Analyzed why recently $USDC is always at a premium compared to $USDT .
In summary, European and American users exited and converted USDC into fiat currency (reducing supply).
The remaining USDC has been withdrawn by these activities (reducing supply).
There is basically no USDC left in the market, and with the supply being quite limited, it has to be bought at a premium.
USDT is also not as good as USDC in terms of wealth management (intra-market demand).
By the way, the @baseapp wallet offers a long-term interest rate of 3.8%.
You can store usdc here | No need to go through any defi protocol | Just hold it
USDT has no place to be used.
usdc pledge has become scarce
The USDC premium is actually a signal of a bearish market.
Although USDT has advantages in trading depth, no one is using it anymore.