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4 Top Cryptocurrencies for Your Portfolio USDC — a stable co | Cryptology News Channel

4 Top Cryptocurrencies for Your Portfolio

USDC
— a stable coin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve.
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BTC
— the first cryptocurrency is a good long-term investment. Throughout Bitcoin's history, it has maintained its leadership position, and its price has shown exceptional growth.
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ETH
— the second cryptocurrency in terms of capitalization. Ethereum functions as a platform for a number of other cryptocurrencies. By analogy with Bitcoin, the coin’s price shows long-term growth as the crypto market is developing.
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USDT
— a stablecoin that mirrors the price of the U.S. dollar. The token’s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that are equal in USD value to the number of USDT in circulation.
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