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Overview of ERC-20 Stablecoins: Tether vs USD Coin
According to the Cryptorank analytics, USDT ERC-20 has 590% more holders than USDC: 1.25M vs 181k.
Moreover, USDT ERC-20 looks more decentralized in terms of the share of tokens which is owned by TOP-100 holders:
– 42% of the USDT total supply;
– 77% of the USDC total supply.
Check more holders data on CryptoRank:
Tether ERC-20 https://cryptorank.io/currencies/tether/holders
USD Coin https://cryptorank.io/currencies/usdcoin/holders