Question

How strong is USDC?

Answer 1

USDC is designed to maintain a 1:1 peg to the US dollar, and its price is more stable than that of many competitors. Its price stability makes it a reliable medium of exchange and a store of value in the cryptocurrency market.

Answer 2

USDC (USD Coin) is a stablecoin pegged to the US dollar at a 1:1 ratio. Its strength lies in its stability and reliability as it is backed by reserves in US dollars. This ensures that 1 USDC is always redeemable for 1 US dollar, making it a secure and widely-used stablecoin in the cryptocurrency market.