$USDC

USDC (USD Coin) is a stablecoin, meaning it's a digital currency that is pegged to the US dollar at a 1:1 ratio — one USDC is always intended to equal one US dollar. It was developed by Circle in partnership with Coinbase under the Centre Consortium. The main purpose of USDC is to provide a stable and secure digital means of payment within the cryptocurrency ecosystem. It is widely used for trading, fast transfers, and decentralized finance (DeFi) applications. Unlike other cryptocurrencies that experience high volatility, USDC maintains its value because it is backed by cash reserves and short-term US Treasury bonds, and is regularly audited to ensure transparency and trust.

As for the question: Can USDC increase in price? The answer is no — it is specifically designed to remain stable and closely tied to the value of the US dollar, regardless of market conditions.