$ETH USD Coin (USDC) candlestick chart
$USDC
• $USDC is a dollar-pegged stablecoin designed to stay at $1 and almost always trades within a tiny range around that peg.
• Today’s live price is roughly $0.9996–$1.00 with a $73B+ market cap, ranking it among the top cryptos.
• Its value doesn’t “grow” like other assets—stability, not price appreciation, is the goal.
• Historically it has very rare deviations from $1, with the notable exception of the 2023 SVB crisis where it briefly lost its peg.
• Adoption is strong across exchanges, DeFi, and institutional payments, boosted by regulatory clarity and partnerships (e.g., Visa pilot settlement).
• For most traders it’s a stable liquidity tool and hedge, not a traditional “investment with upside.”
📊 Candlestick Chart Note:
Stablecoins like USDC have very muted candlestick charts (tiny wicks & bodies) because they aim to maintain the peg—so the patterns are subtle and not like volatile assets such as BTC/ETH.
