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USDT vs USDC: Which is The SAFEST Stablecoin?Stablecoins are cryptocurrencies whose prices are pegged to an underlying asset. It's typically a fiat currency � usually the U.S. dollar �. USD Coin (USDC) is a digital stablecoin pegged to the United States dollar. USD Coin is managed by Circle. USDC is issued by a private entity and should not. Unlike other cryptocurrencies that fluctuate in price, USDC is designed to maintain price equivalence to the US dollar. USDC is a stable store of value that benefits from the speed and security of blockchain technology.