$USDC The "USDC coin pair" represents the trading of USD Coin (USDC) against another cryptocurrency or fiat currency. USDC, being a stablecoin pegged 1:1 to the US dollar, offers a less volatile trading option compared to many other cryptocurrencies. Common USDC pairs include USDC/BTC, USDC/ETH, and USDC/PKR (Pakistani Rupee).

Trading USDC against other cryptocurrencies allows investors to move in and out of more volatile assets while minimizing exposure to price swings. For instance, a trader might move profits from a Bitcoin trade into USDC to preserve capital.

In Pakistan, the emergence of USDC/PKR pairs on certain platforms provides a direct on-ramp and off-ramp between stable digital assets and the local fiat currency, facilitating easier participation in the global crypto market for individuals in Lahore and across the country. These pairs are crucial for arbitrage opportunities and for hedging against the volatility of other digital assets.