$USDC
This currency, like all stablecoins, aims to simulate the stability of the underlying asset's value. In this case, USDC aims to track the US dollar.
By pegging it to the US dollar, USDC can offer investors and traders the ability not only to escape the inherent volatility of the digital asset market but to do so without incurring the typical tax implications that apply when converting to fiat currencies.
In addition to its stability, USDC also serves as a means of transferring value on a global scale, making it widely used in the remittance and cross-border transaction industry.