best way to format a USB stick such that this stick can be used with both Linux and Windows 10?

What is the best way to format a USB stick such that this stick can be used with both Linux and Windows 10?

Also what is the best practice for formatting a USB stick? Is it best to format the USB stick only for Linux use rather than for both Linux and Windows use?

wich filesystem you would use here!?

And besides this: Which Fileystem you would choose if you are wanting to to share content between Windows and Linux is exFAT. I have heard that many of my friends use this in order to be able to use the stick on Win and linux - on both systems.

Well this said i guess that on USB pendrives and SD cards we should be able to use this FileSystem: exFAT

roughly speaking, this exFAT can be called a revision of FAT32 without the 4GB max file size limitation.
Since kernel version 5.4, exFAT is a native filesystem for Linux and does not rely on FUSE anymore.

how to do that!? how to get this things done:

Well i guess that we need to have support: Support for the exFAT:
so - if not installed, you will have to install exFAT support.

$ sudo apt install exfatprogs # Debian/Ubuntu
$ sudo dnf install exfatprogs # Red Hat/Fedora/CentOS
$ sudo pacman -S exfatprogs # Arch Linux/Manjaro


Note: On systems with older kernels (previous to 5.4), we should make use exfat-utils instead of exfatprogs. From here, i guess that we ought to have several options

Now i guess that we have the option to:

a. use a graphical tool like gparted or - even better
b. the command line (which is much much more fun).

any ideas how to do this concrete