#CryptoFees101 USDC currency remains highly stable, with a price of about 1.00 US Dollar. This is its primary goal as a "stablecoin" designed to maintain a 1:1 peg to the US Dollar.
* Volatility: Market data shows that USDC experiences very minor fluctuations, typically within the range of 0.01% - 0.08% over 24 hours, confirming its stability.
* Purpose: The purpose of USDC is to provide a stable digital asset in the volatile world of cryptocurrencies, making it suitable for everyday transactions, international remittances, and holding value without exposure to the price fluctuations of other cryptocurrencies like Bitcoin and Ethereum.