The trading pair of $ETH and USDC is a highly liquid trading combination in the cryptocurrency market. USDC, as a stablecoin pegged to the US dollar, offers price stability and lower risk, while ETH is the core token of the Ethereum ecosystem, supporting important functions such as smart contracts and decentralized applications. The combination of the two provides users with flexible asset allocation and trading options.

According to the latest price: 1 ETH = 2624 USDC

In practical application, investors often use the USDC/ETH trading pair to exchange ETH for USDC during market fluctuations to hedge, and then convert back to ETH once the market stabilizes, thereby reducing holding risks. In addition, this trading pair plays a key role in decentralized finance (DeFi). Users can purchase ETH with USDC to participate in liquidity mining on DEXs like Uniswap and SushiSwap, or use ETH as collateral to borrow USDC on lending platforms like Aave and Compound, achieving efficient asset utilization. At the same time, many scenarios on the Ethereum chain, such as NFT trading and DAO governance voting, also rely on the USDC/ETH trading pair to complete value exchanges, promoting the prosperous development of the Ethereum ecosystem.