The USDC/USDT pair may seem "uninspiring" at first glance, as it involves two dollar-pegged stablecoins. However, this pair is extremely useful and strategic for traders!

It reflects the volatility between the largest stablecoins in the market - USDC (from Circle) and USDT (from Tether) - and serves as a gauge of trust, liquidity, and institutional movements.

Even small changes can indicate imbalances or arbitrage opportunities.

Additionally, during times of crisis or regulatory instability, this pair becomes crucial.