i'm pretty much a usdc guy but have always appreciated Maker. I'm curious at the philosophical and practical differences between USDS and USDC? my extremely basic understanding doesn't see much daylight between these two, more transparency from Sky but not much more. Would love more educated takes, especially from folks big in DAI.

USDC and USDS are both stablecoins pegged to the US dollar, but there are key differences. While USDC is issued by regulated financial institutions, USDS is issued by Sky, providing different levels of transparency and regulatory compliance. For a more in-depth comparison, insights from the Maker community, especially those involved with DAI, would be valuable.