As Bitcoin price increased, many investors and crypto holders tried to book profit.
So the Binance USDT APR exceeded 28% for some time in December 2024 for simple earn.
The Binance USDC APR exceeded 22% at that time in December 2024 for simple earn.
The APR rates are changing every minute, and the APR soon reduced to less than 20%
At present the USDC APR rates are higher than USDT APR rates.