$USDC
USDC (USD Coin) is a stablecoin pegged 1:1 to the US Dollar, meaning 1 USDC is intended to always be worth 1 US Dollar. This stability makes it a popular "coin pair" for trading in the volatile crypto market.
When you see a "coin pair" like BTC/USDC, it means you can trade Bitcoin (BTC) for USDC. USDC acts as the quote currency, allowing traders to easily value other cryptocurrencies in a stable, dollar-equivalent unit.
Common USDC trading pairs include:
* BTC/USDC: Bitcoin against USDC
* ETH/USDC: Ethereum against USDC
* SOL/USDC: Solana against USDC
* XRP/USDC: XRP against USDC
* Many other altcoins are also paired with USDC across various centralized and decentralized exchanges.
USDC pairs provide a stable bridge for entering and exiting crypto positions without converting back to traditional fiat currency, offering speed and lower fees compared to bank transfers.