Cryptocurrency Q&A
Why is USDC worth 1$?
Why is USDC worth 1$?
GwanghwamunGuardianAngelWings
Thu Mar 06 2025
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7
answers
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I'm curious about the value of USDC. Why does it maintain a 1-to-1 peg with the US dollar? How is its stability ensured in the volatile cryptocurrency market?
7 answers
CryptoMystic
Sat Mar 08 2025
USDC holds a prominent position among the stablecoins in the cryptocurrency realm.
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SumoPower
Sat Mar 08 2025
The term 'stablecoin' implies stability in value, which is exactly what USDC offers.
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EchoWave
Sat Mar 08 2025
Its value remains constant, providing a reliable store of value in the volatile crypto market.
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Silvia
Sat Mar 08 2025
USDC is designed to maintain a fixed exchange rate.
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Bianca
Fri Mar 07 2025
Specifically, it is pegged at a 1 to 1 ratio with the US dollar.
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