$BTC Cryptocurrencies are known for their high level of volatility, as their prices can rise significantly or fall dramatically within a few hours, let alone a few days and weeks. In such circumstances, a solution is needed to maintain a stable price for a currency while providing users with all the other advantages of decentralized options.

In this guide, we will analyze such solutions with a special focus on the USD Coin (USDC), a stablecoin issued by the Centre Consortium, LLC, consisting of Circle and Coinbase.