$USDC Nowadays, there are more and more stablecoins on the market. Besides USDT, another high market cap stablecoin is USDC. Additionally, many new stablecoins have emerged recently with various uses, such as projects that earn funding rates through hedging.

This allows investors to have diverse choices and diversify risks. In this era of numerous stablecoins, it is not necessary for one to dominate; healthy competition can also contribute to the rapid development of the industry.