$USDC

USDC/USDT is a trading pair between two stablecoins: USD Coin (USDC) and Tether (USDT), both pegged to the US dollar. This pair is used to trade or arbitrage between the two tokens, usually staying close to a 1:1 ratio. Traders use USDC/USDT to move funds between exchanges, test market stability, or take advantage of minor price differences. USDC is issued by Circle and is known for greater transparency and regulation, while USDT is issued by Tether and is widely used but has faced scrutiny over its reserves. Though both aim to maintain a $1 value, small fluctuations may occur due to market demand, liquidity, and trust factors. This pair plays a key role in stablecoin ecosystem trading.