The USDC currency pair is considered one of the most stable currencies in the cryptocurrency trading market. Due to its 1:1 peg to the US dollar, many traders seek to hold USDC or use it as a base trading pair to avoid the high volatility experienced by other cryptocurrencies such as Bitcoin and Ethereum.

Traders can use USDC in several ways to hedge against market volatility:

♦️Profit Transfer: When making profits from trading other cryptocurrencies, traders can transfer these profits to USDC to preserve their value rather than leaving them exposed to market fluctuations.

♦️Value Preservation: During periods of uncertainty or significant market corrections, some turn to USDC as a safe haven to preserve the value of their assets.

♦️Stable Trading Pair: USDC is used as the base currency in many trading pairs, allowing traders to quickly and efficiently enter and exit positions without being directly exposed to the volatility of another unstable currency.