$USDC * Current Price: Most sources indicate the current price is $1.00 or very close to it (e.g., $0.9998 - $1.0000 on different exchanges).
* Market Sentiment: Generally, the market sentiment for stablecoins like USDC is neutral as they are designed to maintain a stable value rather than appreciate.
In Pakistani Rupees (PKR):
As of today at around 8:06 PM PKT, the conversion is approximately:
* 1 USDC = PKR 281.38
It's important to note that while USDC aims for a $1 peg, slight variations can occur due to market dynamics and exchange rates when converting to other fiat currencies like PKR. However, the value relative to the US dollar remains stable.
Therefore, in the context of its intended function as a stablecoin, today's performance of USDC is positive as it is successfully maintaining its peg to the US dollar.