Understanding Impermanent Loss with Stables

Hey everyone, still trying to wrap my head around some of the nuances in DeFi. I've been experimenting with providing liquidity, mostly with stablecoin pairs like DAI/USDC on various DEXs. The concept of impermanent loss is pretty clear when dealing with volatile assets, but how does it practically manifest with stables that are supposed to maintain a 1:1 peg? I know there can be slight depegs, but does the risk of IL become significant enough to warrant extensive tracking and mitigation strategies, or is it generally considered negligible for these pairs compared to, say, ETH/USDC?