$USDC

The USDC dollar coin pair essentially refers to trading cryptocurrencies against USD Coin (USDC). USDC is a stablecoin, meaning its value is pegged 1:1 to the US dollar. This makes it a crucial asset in the volatile crypto market.

When you see a trading pair like BTC/USDC, it signifies that you are exchanging Bitcoin for USDC. This offers several advantages: stability during market fluctuations, faster transactions compared to traditional fiat transfers, and greater liquidity across exchanges. USDC provides a reliable "digital dollar" within the crypto ecosystem, allowing traders to hedge against volatility, participate in decentralized finance (DeFi) activities, and execute quick, transparent transactions without converting to fiat currency.