USDT, TUSD, BUSD, and USDC are all stablecoins. They have a value that is tied with the US dollar at 1:1 ratio. Now I'm wondering what is their differences.
- Does each of them has different purpose other than being tied to USD?
- Do they have different features or the fees when using them is different from one another?
- Why USDT is commonly used when trading other crypto not the others?
As our expectations, thought must be different. USDT value is most of the time higher than others cryptocurrency stable coin. Fee will be different as blockchain support