Why is Bitcoin below 25%? Why are people moving to USDC?
I think people prefer holding bitcoin and spending stablecoins, but there is a chance once day government won't allow them to spend BTC in future if they are not ''appoved'' by them.
If you didn't notice many big tech companies also started their own stablecoins, even Trump clown, and that tells you something.
I personally don't trust any stablecoin, especially not for holding.