What is the best way to earn money on USDC?

Could you please elaborate on the optimal approach to generating income from USDC? I'm particularly interested in understanding which strategies have proven to be the most effective. Are there specific investment vehicles or platforms that you recommend? Additionally, could you discuss any potential risks associated with earning money through USDC and how to mitigate them? Your insights would be greatly appreciated as I'm eager to maximize my returns while minimizing any potential losses. Thank you for your time and expertise in this matter.