$USDC

Ripple Company proposed to buy the issuer of USDC — Circle — for $4–5 billion. However, the deal did not go through, as Circle considered the offer to be undervalued.

Ripple's interest in the purchase still remains.

USDC ranks second in the stablecoin market after USDT from Tether. Previously, Circle filed for an IPO and stated that $60 billion in USDC is in circulation.