$USDC It turns out that there are not so many curiosities with the USD Coin ($USDC ) — a stablecoin pegged to the US dollar, but its history is not without its quirks. In 2023, the price of USDC fell to $0.88 due to panic caused by the collapse of Silicon Valley Bank, where $3.3 billion in reserves were held. Binance and Coinbase temporarily suspended conversions, and traders joked that 'stability is a myth.' In 2021, Circle, the issuer of USDC, changed the wording from 'backed by dollars' to 'fully reserved assets,' sparking debates about transparency. Another case: in 2024, users accidentally 'burned' USDC by sending tokens to incorrect addresses in DeFi protocols. USDC is stability, spiced with human errors and market mishaps.