Give an Example of a Fully Collateralized Stablecoin.
USD Coin (USDC) is a prime example of a fully collateralized, fiat-backed stablecoin. Each USDC token is intended to be backed 1:1 by a dollar or dollar-equivalent asset (like short-term US Treasury bonds) held in reserve accounts.
This direct, full backing is what defines it as fully collateralized.