$USDC is a stablecoin that, in my opinion, is quite interesting because it is backed by dollar reserves that are regularly audited. In trading activity, I often use $USDC as a temporary resting place when the market is sideways or too volatile. Compared to other stablecoins, USDC offers a greater sense of security due to its transparency. Additionally, some platforms offer interest or rewards for holding USDC in the form of staking or lending, which makes it even more attractive. I have carried out simple arbitrage between the ETH/USDC and ETH/USDT pairs due to a small price difference that can be exploited. In some DCA strategies, I also keep reserve funds in the form of USDC so that its value remains stable before being used to enter positions. In my opinion, having a stablecoin like USDC in the portfolio is part of good risk management, especially when market conditions are uncertain.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.