The DOGE and USDC trading pair, $USDC DOGE, provides investors with a way to trade between Dogecoin and the US dollar stablecoin USDC. Dogecoin was created in 2013, initially as a joke, with the Shiba Inu as its logo, and it rose to prominence based on internet meme culture. Unlike limited-supply cryptocurrencies like Bitcoin, Dogecoin has no maximum supply limit, with 10,000 new coins mined every minute.

1 USDC can be exchanged for 5.74 DOGE coins.

USDC is a stablecoin issued by Circle, pegged to the US dollar at a 1:1 ratio, fully backed by US dollars and dollar equivalents, used for on-chain value transfer, allowing for the sending, storing, and receiving of funds between individuals and businesses without the need for third-party financial institutions.

In the trading market, the exchange rate of the two fluctuates constantly. For example, at one time, 1 USDC was approximately equal to 8.48 DOGE, meaning 1 DOGE could be exchanged for about 0.12 USDC. In the past hour, the DOGE/USDC exchange rate may have increased by 0.83%, with a growth of 8.77% over the past 24 hours. Investors can use cryptocurrency trading platforms to leverage this trading pair, purchasing Dogecoin with USDC based on market conditions and their own judgment in hopes of profiting from price increases, or selling Dogecoin for USDC to hedge against risks.