$USDC
Analysis of the USDC/USDT Pair – The Quiet Giant in the Stablecoin Arena
The USDC/USDT pair represents a struggle between two stable giants:
USDC is backed by Circle and under strict American supervision
USDT (Tether) is the most widely used currency but with relatively less transparency
1. Price:
It often ranges between 0.999 - 1.001, but in moments of fear or doubt, the difference appears.
For example, during the Silicon Valley Bank crisis (2023), USDC dropped to 0.87 due to its temporary tie to the bank.
2. Liquidity:
USDT still dominates in terms of liquidity and trading volume
But USDC is used more in decentralized financial (DeFi) applications
3. Technical Analysis:
It often does not undergo real fluctuations, but the spread (the difference between buying and selling) sometimes reveals a lack of confidence or market issues.
4. Fundamental Analysis:
USDC is more committed to transparency, fully backed by bank reserves and periodic audits
USDT is still subject to rumors, although it has not failed so far
5. General Trend:
If the US continues regulatory pressure, we may witness a significant shift towards USDC as a trusted digital currency
However, if confidence collapses in either party, liquidity will quickly move to the other currency
Conclusion:
The USDC/USDT pair is a tool for measuring confidence in stablecoins, not for speculation. Any slight price difference tells us where the market feels secure.
