Explanation:

• Option A is incorrect because cryptocurrencies are known for their high price volatility, often due to the lack of clear underlying fundamentals.
• Option B is incorrect because many cryptocurrencies impose a cap on the total supply that can be issued, ensuring scarcity.
• Option C is correct because cryptocurrencies, as digital or electronic currencies, facilitate near-real-time transactions directly between parties, eliminating the need for intermediaries like banks. This aligns with the financial applications of distributed ledger technology.