$USDC

Like most stablecoins, investors use USD Coins as a form of payment to access the crypto market. Digital assets are converted into fiat currencies, which are usually used to buy and sell other cryptocurrencies. Additionally, USD Coin aims to provide the benefit of stability that other cryptocurrencies lack. Digital assets, such as Bitcoin, are highly volatile. They can appreciate by 20% in one day and suffer declines of the same magnitude a few days later. Digital currencies, like USD Coin, address this volatility, allowing users to earn reasonable interest on their assets.