$USDC

The USD/USDC pair represents the exchange rate between the United States Dollar (USD), the traditional fiat currency of the United States, and USD Coin (USDC), a stablecoin pegged to the value of the USD. Ideally, 1 USDC should always equal $1 USD.

USDC is a cryptocurrency that aims to maintain a stable value relative to the US dollar. It achieves this by holding reserves of US dollars or assets with equivalent fair value in regulated financial institutions. This backing is intended to ensure that each USDC can be redeemed for one US dollar.

The USDC/USD trading pair is commonly used on cryptocurrency exchanges. Due to its stable nature, USDC is often used as a মাধ্যম for traders to move funds between different cryptocurrencies or to "cash out" their crypto holdings into a dollar-equivalent digital asset without leaving the crypto ecosystem. While the target is a 1:1 peg, minor fluctuations can occur due to market dynamics and exchange fees.