$USDC

XRP/USDC trading pair refering to the rate of exchange between Ripple's XRP and stablecoin USDC pegged at 1:1 to USD$

XRP - fast enables fast, low-cost cross-border payments. Ripple Labs the parent company works with financial instutions providing liquidity. It works on unique concensus algorithm.

$USDC is intended to be worth $1 USDC, its widely used in DeFi and trading due to its stability and liquidity. The XRP/USDC pair speculates on the price movements of XRP relative to the stability of USDC.

Both tokens have high liquidity on major exchanges, limiting slippage if any. It's Listed on Binance as well as other major players. Trading against a stablecoin like USDC helps mitigate risk in times of high volatility because USDC maintains its value near $1 USD.

XRP can be used as a bridge to convert into USDC for DeFi or liquidity pool participation.