$USDC

Today's stability and market position of USDC is not only a victory of its compliant reserves and transparency mechanisms, but also a microcosm of the strategic digital hegemony of the US dollar. Investors can consider it as:

Short-term hedge tool: to hedge risks during market volatility (such as during the net outflow phase of Bitcoin ETF funds);

Long-term strategic allocation: to seize the dual opportunities of the digitalization of the US dollar and the expansion of the DeFi ecosystem.

Variables to be wary of include trends in US Treasury yields, the impact of geopolitical conflicts on US dollar credit, and the potential for technological disruption from emerging stablecoins (such as USDE). The future of USDC is not only related to market supply and demand, but also a contest for monetary power in the digital age.