Recently, discussions about stablecoins have been trending in various circles, and the topic still revolves around USDC. I can understand that they are paying attention to it because of Circle.
However, having been in the crypto space for a long time, I've seen the big boss USDT, the dark horse USD1, and have experienced USDe and Binance's own BUSD from back in the day.
USDC has way too many competitors.