$USDC USDC/USDT is a popular stablecoin trading pair in the cryptocurrency market, representing the exchange between USD Coin (USDC) and Tether (USDT) – the two largest stablecoins pegged to the US dollar at a 1:1 ratio.
Although both USDC and USDT aim to maintain stable value, they differ in transparency levels and operating models. USDC is issued by Circle, has transparent audits, and complies with strict legal regulations. Meanwhile, USDT, issued by Tether Limited, has been controversial regarding its asset reserve disclosures.
The USDC/USDT pair usually experiences very small price fluctuations (a few cents), but it is used for flexible conversions between the two ecosystems or to take advantage of price differences on various exchanges. This is a safe pair for users looking to maintain stable value in a volatile market.