CoinMarketCap USDC is widely used in crypto trading, DeFi, payments, and cross-border transfers. � Coinlive Its supply expands/contracts on demand based on minting/redemption by regulated institutions. � StableCoin.com USDC briefly depegged during market stress (e.g., after the Silicon Valley Bank collapse) but later recovered. � Investopedia Institutional adoption is rising, and firms like Visa are integrating USDC for settlement. � Reuters Because it targets $1, there’s minimal price volatility compared to BTC/ETH. � Coinbase Stablecoins like USDC help bridge traditional finance and blockchain ecosystems. � Coinlive 📈 Simple Candle Chart (ASCII) A typical candlestick chart for a stablecoin like USDC will look flat because the price hardly moves from $1. Below is a mock candlestick chart over 7 days where slight minimal variation might occur (e.g., due to tiny spreads on exchanges): Copy code
USDC/USD 7-Day Candle Chart (approx)
Date Open High Low Close Mon 1.000 1.001 0.999 1.000 Tue 1.000 1.000 0.999 1.000 Wed 1.000 1.000 0.999 1.000 Thu 1.000 1.001 1.000 1.000 Fri 1.000 1.001 0.999 1.000 Sat 1.000 1.000 0.999 1.000 Sun 1.000 1.000 1.000 1.000 Copy code
PRICE 1.001 ┤ ┃ ┃ ┃ ┃ 1.000 ┤━━━╋━━━╋━━━━━━━╋━━━━━━╋━━━ 0.999 ┤ ┃ ┃ ┃ ┃ Mon Tue Wed Thu Fri Sat Sun Note: For stablecoins like USDC, candlestick charts are largely flat because the goal is to stay at $1.00 exactly over time. The high and low fluctuations used here are representative of tiny market spreads — not true volatility. � Coinbase 🧠 If you want a real plotted candle chart I can generate one using recent exchange price data (e.g., from CoinGecko or exchange APIs) and produce an image or chart code (Python/Matplotlib). Just tell me: ✔ the time range (e.g., 7 days, 30 days) ✔ the interval (daily, hourly) and I’ll generate #BTC100kNext? #CPIWatch #StrategyBTCPurchase #USJobsData