What a stablecoin peg really measures
USDC held at $1.00102, just 0.1% above the dollar while BTC slipped 2% this hour. The peg’s tight band is visible in the hourly candles: the high reached 1.0013 and the low dipped to 1.00045, a range of only 0.00085 dollars. In the last 24 hours more than 1.694 billion USDT traded against USDC, and the price changed –0.001% from the previous close, underscoring stability amid broader market weakness.
The narrow band highlights USDC’s resilience; does that give you confidence to keep USDC in your wallet? #USDC# #Stablecoins# #Crypto#
USDC held at $1.00102, just 0.1% above the dollar while BTC slipped 2% this hour. The peg’s tight band is visible in the hourly candles: the high reached 1.0013 and the low dipped to 1.00045, a range of only 0.00085 dollars. In the last 24 hours more than 1.694 billion USDT traded against USDC, and the price changed –0.001% from the previous close, underscoring stability amid broader market weakness.
The narrow band highlights USDC’s resilience; does that give you confidence to keep USDC in your wallet? #USDC# #Stablecoins# #Crypto#
