Dumb but serous question: Why do some people purchase USDC?

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Dumb but serous question: Why do some people purchase USDC?

Is there some type of strategy to holding the coin or what? Doesn’t make sense to me, but if anybody has an answer that would be appreciated.

Isuru MS Answered question December 12, 2024
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when things are getting tanked or they want to move point A crypto to point B they sell for a stable coin like USDC and then rebuy whatever they want or transfer to their bank account

Lashini Fernando Answered question December 12, 2024
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