What determines a good stablecoin?
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Before diving into how USDC stands out from the competition, we must first understand what makes a good stablecoin. On a fundamental level, the best stablecoins must offer transparency to their reserve of assets.

In a post-FTX crash crypto era, clarity over what's backing these digital stablecoins will be especially helpful in winning over cautious crypto traders who may be skeptical of what's holding up a stablecoin's value.

Additionally, a good stablecoin has a high trading volume. This gives crypto traders the liquidity they need when entering and exiting trades as they use the stablecoin as a liquid exchange medium.

The last factor for what makes a stablecoin strong is availability. The last thing you want is to be limited when trading with a stablecoin because a certain spot trading pair isn't available on the exchange you're actively trading on.

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