$USDC and USDT: Your Stable Crypto Companions

Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, USDT and USDC are stablecoins designed to maintain a 1:1 peg with the US dollar. This means 1 USDT is always approximately 1 US Dollar, and the same goes for USDC. Consequently, these aren't assets you'd trade to profit from price swings.

Instead, their value lies in their stability. You'd typically buy USDT or USDC to "freeze" profits from other crypto investments, protecting them from market downturns. They're also ideal when you anticipate a market decline and want to safeguard your capital, or for quick, dollar-equivalent transfers on crypto platforms.

Conversely, you'd generally sell USDT or USDC when you identify a promising investment opportunity in another cryptocurrency and want to convert your stable funds into that asset. They act as a secure bridge within the crypto ecosystem.