Investing in $USDC (USD Coin) can be considered a better idea compared to other stablecoins for the following reasons:
Transparency and regulation: USDC is issued by Circle, a regulated company in the U.S., and it publishes regular audits of its dollar reserves, providing trust and transparency.
1:1 cash backing: Unlike some stablecoins that use riskier assets, USDC claims to be fully backed by cash and U.S. Treasury bonds.
Wide adoption: It is accepted on multiple blockchains and DeFi platforms, making it easy to use in various crypto ecosystems.
Lower reputational risk: It has not faced major controversies like Tether (USDT), which reinforces its perception of stability.