Watching USDC settlement with macro uncertainty

The $SPCX sell-off today, down over 13% at 108.27, really underscores the broader market jitters. When you see that kind of volatility in traditional indexes, it naturally trickles down to how stablecoins are viewed, especially for larger commercial settlements. I'm keeping a close eye on USDC's volume and the efficiency of on/off-ramps, particularly in bridging the gap between volatile equity markets and the perceived stability of crypto payments for businesses. It's a key test of their 'stable' proposition in truly turbulent times.