Answer: Enable transactions between parties without requiring an intermediary.

**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.

Author: LeetQuiz Editorial Team