Market cap : US $ 36.3bn

Market cap : US $ 26.4bn

Founded by Circle , USD Coin ( USDC ) is a stablecoin attached to the US dollar . The cryptocurrency is managed by a consortium called Centre and includes Coinbase members as well as members from Bitmain , a Bitcoin mining company with investment in Circle . USDC is a private crypto stablecoin – unlike central digital banking currencies ( CBDCs ) – despite its affiliation with centralised US currency ( USD ). Available as an Ethereum ERC-20 token , USDC can be bought , traded and held on blockchains including Solana , Stellar , Polygon and Avalanche .

Employing its native cryptocurrency , XRP , Ripple operates a cryptocurrency exchange , remittance network and real-time gross settlement system . Ripple provides its customers with solutions to source crypto and facilitates instant payments , including for XRP , as it looks to fulfil its mission of building crypto solutions for an economically borderless world . Ripple remains robust in many global markets , despite facing scrutiny after the US Securities and Exchange Commission ( SEC ) launched a class action against the crypto platform provider for falling foul of US Howey requirements .