#FTXRefunds

As of June 5, 2025, the USD Coin (USDC) to Tether (USDT) exchange rate remains closely aligned with its $1.00 peg, reflecting the inherent stability of both assets. On Binance, the USDC/USDT pair is trading at approximately 0.9992 USDT per USDC . Similarly, on OKX, the rate is around 0.9998 USDT per USDC .

These slight variations are typical for stablecoin pairs and often result from minor supply-demand imbalances, trading fees, or platform-specific liquidity conditions. For instance, on Coinbase, 1 USDC is equivalent to 1.00 USDT, indicating a perfect peg at that moment .

It's noteworthy that Circle, the issuer of USDC, has recently gone public on the New York Stock Exchange under the ticker symbol CRCL, pricing its IPO at $31 per share and raising $1.1 billion . This move underscores the growing institutional interest in stablecoins and their role in the broader financial ecosystem.

For real-time tracking and trading of the USDC/USDT pair, platforms like Binance and OKX offer comprehensive tools and charts.