$USDC The main stablecoin linked to the US dollar
1. Tether (USDT) symbol: USDT issuance: Tether Limited
• Fully backed by the US dollar with reserves of 118.4 billion US dollars 2024.
• It is the most widely used for daily transactions and supports multiple networks.
2. USD Coin (USDC) symbol: USDC
issuance: Circle (in collaboration with Coinbase through the Centre)
• Backed 1:1 by the US dollar.
• Widely used in decentralized finance (DeFi) and operates on multiple networks.