Which stablecoin, USDC or USDT, has lower gas fees?
Ford TuttleDec 28, 2021 · 3 years ago3 answers
I want to know which stablecoin, USDC or USDT, has lower gas fees. Can you provide some insights on this? I'm looking for a comparison between the two in terms of gas fees.
3 answers
- Dec 28, 2021 · 3 years agoUSDC generally has lower gas fees compared to USDT. This is because USDC is built on the Ethereum network, which has lower gas fees compared to other networks like Tron, where USDT is primarily based. So, if you're looking for a stablecoin with lower gas fees, USDC would be a better choice.
- Dec 28, 2021 · 3 years agoWhen it comes to gas fees, USDC is the winner. USDC is an ERC-20 token, which means it runs on the Ethereum network. Ethereum has lower gas fees compared to other networks like Tron, where USDT is based. So, if you want to save on gas fees, go for USDC.
- Dec 28, 2021 · 3 years agoUSDC is known for having lower gas fees compared to USDT. It's because USDC is an ERC-20 token on the Ethereum network, which generally has lower gas fees. However, it's worth noting that gas fees can vary depending on network congestion and market conditions. So, while USDC may have lower gas fees most of the time, it's always a good idea to check the current gas fees before making any transactions.
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