USDC dominates in DeFi because of years of Tether FUD.

But IMHO AI hacking DeFi is a bigger risk than USDC or USDT depeg risks.

And because Circle fails to proactively freeze hacked funds, Tether's USDT might be a safer bet than USDC in DeFi.

With Tether helping Drift maybe more of Solana DeFi will move to Tether?

I remember years ago Aave wouldn't even list USDT as collateral on Ethereum.

But as USDC depegged to $0.87 during SVB, ACI resubmitted the USDT collateral proposal the same month.

The USDT backing also changed.

Used to be up to 50% commercial paper, including Chinese bank paper nobody could verify.

That was the main FUD point for years.

By late 2022 Tether moved from commercial paper into US Treasuries.

Latest Tether's Q4 2025 attestation shows USDT is backed by:

~74% US Treasuries

~9% gold

~4% Bitcoin

~8% secured loans

~5% other

To be fair, backing is still too exotic for many. S&P gave them a 'weak' rating.

In comparison, USDC is backed by 85% Treasuries and 14% cash at banks.

But last month Tether signed a Big Four firm for its first full audit.

So what's actually the bigger risk for a DeFi user in 2026?

USDT briefly depegging to $0.95 like in 2022, or your hacked funds going to North Korea because Circle won't freeze funds without a court order?

Circle's refusal to freeze is a luxury DeFi can't afford this until AI hacking risks decrease.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。