Can I trust USDC?

I've been hearing a lot about USD Coin, or USDC, as a stablecoin. But I'm still a bit hesitant about investing in it. Can I trust USDC? After all, the cryptocurrency market is so volatile and unpredictable. I've seen many projects come and go, and I don't want to end up losing my money. What assurances do I have that USDC is reliable and secure? How does it maintain its peg to the US dollar? And what happens if something goes wrong with the issuer or the underlying assets? I'm looking for some clarity before I make a decision.