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

This allows investors to have diversified choices and spread risks. In this era of a hundred schools of thought among stablecoins, it doesn’t necessarily mean that one must win and dominate. Healthy competition can also contribute to the rapid development of the industry.