#🔍 Why USDC Might Show “No Update” or Small Fluctuations
1. Designed as a Stablecoin
USDC is pegged 1:1 to the US dollar and backed by cash or cash equivalents. In normal conditions, its price remains very close to $1, with fluctuations in the fractions of a cent .
2. Market Micro‑Movements
Slight deviations (e.g., $0.9995–$1.0005) are caused by ordinary supply and demand dynamics on exchanges—someone selling USDC when fewer buyers are active can push the price just below $1, and vice versa .
3. Rapid Arbitrage
When a tiny deviation occurs, arbitrage traders step in, buying undervalued USDC or selling when it’s slightly over $1, pulling the price back to the peg. That’s why any dip is usually very brief .
4. Temporary Data Lags
Some aggregators or interfaces might show “no update” or flat pricing during low-liquidity periods, but the actual market is still moving, just within a tight band.
🧭 Today’s Market Condition
USDC is currently trading at $0.9999–1.0001, meaning it’s well within the expected stability range. That is functioning as intended.