Watching the $USDC peg again

Been keeping an eye on $USDC lately, specifically that 0.9997 level. It's not a major deviation, clearly, but it's consistent. We've seen it hover around there for a bit now, and while it's nowhere near the drama of last year, it's enough to warrant a mention for anyone trading CFDs on crypto pairs.

My thinking is if we see sustained pressure pushing it further down, say a few more basis points, that could signal some underlying unease. For those playing leveraged positions, even a slight widening of that spread could impact effective capital. The invalidated scenario here would be a solid return to 1.0000. If it snaps back and holds there for a good stretch, then this minor deviation becomes noise. But until then, it's on my radar as a subtle risk factor.