$USDC
USDC (USD Coin) is a stablecoin, meaning it is a cryptocurrency whose value is tied to a stable asset, in this case - the US dollar. This means that 1 USDC should always be worth about 1 dollar.
Unlike other cryptocurrencies, whose rates can fluctuate significantly, USDC maintains stability due to its peg to the US dollar. Circle regularly publishes reports on its reserves, ensuring transparency and trust in USDC.
This asset is used for trading cryptocurrencies on exchanges, as it allows for quick and convenient transfers. With low fees and fast transaction speeds, USDC is convenient for international transfers and is used in various DeFi applications such as lending, borrowing, and decentralized exchanges.
USDC is a popular and stable stablecoin that has found wide application in the cryptocurrency world. However, it is important to remember the risks associated with centralization and potential regulation.