$USDC

USDC as the world's second largest stablecoin has significant advantages:

1. Compliance and Transparency: Jointly issued by Circle and Coinbase, regulated by the stringent US regulations, reserves are audited regularly and 100% backed by USD/Treasuries;

2. Technical Advantages: Based on blockchains like Ethereum, supports smart contracts, strong cross-chain compatibility, with application scenarios covering DeFi, cross-border payments, etc.;

3. High Liquidity: Widely supported by major exchanges globally, especially with high acceptance in the US market. The disadvantages are mainly reflected in:

1. Regulatory Risks: Dependent on the US financial system, policy changes may affect stability;