USDCのペッグ乖離 – 本当の原因は何か？

Could it also be related to the yield curve and arbitrage opportunities? A tiny deviation can still be profitable for large players if they have access to the right funding rates.

It's likely a mix of both. Lingering FUD from last year definitely impacts sentiment, but the slight deviations could also be tied to specific institutional flows or large redemption windows creating minor imbalances.

I think it's mostly market mechanics. When you have large redemptions or big collateral movements, even highly liquid assets like USDC can see tiny, temporary deviations. It's not necessarily a systemic issue.