Why do I often use $USDC?
$USDC is one of the most well-known and trusted stablecoins in the cryptocurrency market. It is pegged to the US dollar at a 1:1 ratio, making it an ideal tool for storing value during times of significant market fluctuations. For me, it is fundamental in risk management – when I'm uncertain about the market's direction, I exchange other cryptocurrencies for USDC.
I use USDC for trading on pairs like $PEPE/USDC or $SOL/USDC. Additionally, I participated in staking promotions with USDC – for example, on Yei Finance through Binance Web3 Wallet. I've noticed that many DeFi campaigns or airdrops specifically require this stablecoin, so it's always worth having some in your wallet.
I consider USDC a safer alternative among stablecoins and a good starting point for further investments.