According to Crypto Wise

• Due to its nature as a stablecoin, USDC is expected to remain close to 1 US Dollar in the near future.

Challenges and Opportunities:

• USDC faces competition from other stablecoins like USDT and RLUSD. However, its commitment to transparency and regulation may give it a competitive advantage in markets that prefer regulated digital assets.

Conclusion:

USDC is considered a reliable option for users looking for stability in the cryptocurrency market, especially for those dealing with international transfers or needing a stable store of value.