$USDC
The currency $USDC is considered one of the leading stablecoins in the crypto market, characterized by transparency and full reserves in US dollars. What distinguishes USDC from others is the commitment of the issuing company, Circle, to regular audit reports and clear disclosure of assets, making it a favorite among institutions and users seeking a safe digital haven.
When looking at the USDC/USDT pair, we notice that it is used as an indicator of market stability and user confidence in stablecoins. In times of volatility or pressure on other currencies, traders turn to USDC as a more transparent refuge.
The new development is that USDC has expanded its use beyond Ethereum to include networks like Solana and Avalanche, increasing its flexibility and trading speed with lower costs. This enhances its role not only as a stablecoin but also as a digital bridge between different blockchains, which is reflected in its liquidity in pairs like USDC/USDT.