USDC is one of the most popular stablecoins, but how exactly does it maintain its peg to the US dollar? With its role in DeFi and cross-border payments growing, what do you think the future holds for USDC in the crypto ecosystem
USDC ensures its stability by undergoing regular audits and maintaining 1:1 backing with US dollar reserves. As DeFi and cross-border transactions rise, its position as a reliable, fully-backed stablecoin is set to strengthen.USDC maintains its peg through regular audits and collateral backing, ensuring 1:1 reserves in US dollars. As DeFi and cross-border payments expand, its role as a trusted, fully-backed stablecoin will likely continue to grow, offering stability and liquidity across the ecosystem.