Cryptocurrency Q&A Is 1 USDC equal 1 USD?

Is 1 USDC equal 1 USD?

KatanaSwordsmanship KatanaSwordsmanship Tue Oct 22 2024 | 7 answers 1419
I'm curious if 1 USDC is really equivalent to 1 USD. I've heard that USDC is a stablecoin pegged to the US dollar, but I want to confirm if the two are really one-to-one in value. Is 1 USDC equal 1 USD?

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