I don't hold USDC right now as I bought corn with it, but that was my choice for a stablecoin. Just saw about the IPO.
IPOs are such a racket now.
First off, companies are going IPO at many billion $$ valueation, so there is no upside.
Second,they jack the price at the open, selling IPO shares to noobs at a 200% premium.
I am staying away now, always.
Amazon IPOed at $17 at about $1bil valuation in 1997 and it was considered "rich".