$USDC , our reliable #stablecoin, always an interesting topic! Looking at the $USDC/$USDT chart on the 1-hour timeframe, we notice that slight fluctuation around parity, currently at $0.9995. It’s fascinating how these stablecoins, designed to maintain a fixed value (ideally 1:1 with the dollar), still show micro-movements. In the last 24 hours, it has moved between $0.9995 and $0.9999, a super tight range as expected! Although the change is just -0.03%, these small 'depegs' or variations, while minimal, always generate conversation in the #crypto community.

Stablecoins like $USDC are the backbone for trading other crypto assets like $BTC or ETH, offering a temporary refuge during volatility or a base for calculating profits. They are also crucial for the DeFi ecosystem and cross-border payments. It’s impressive to see the volume of $1.33B in 24h for USDC and a similar amount for USDT, demonstrating their high liquidity and constant use. What strategies do you use with your stablecoins? Simply as a trading pair or do you explore 'earn' options with them? #USDC #USDT #StableTrading