$USDC

Trading pair USDC/USDT on Binance

USDC/USDT is a unique trading pair that combines two popular stablecoins: USD Coin (USDC) and Tether (USDT). Both of these assets are pegged to the value of the US dollar at a ratio of 1:1, which makes this pair special in the cryptocurrency market.

Features - Stability and minimal volatility.

Unlike traditional cryptocurrency pairs, USDC/USDT is characterized by exceptional stability, as both assets strive to maintain a value close to 1 US dollar. Theoretically, the ideal exchange rate between them should be 1:1, but despite being pegged to the dollar, there can be slight price discrepancies between USDC and USDT due to:

- Differences in the level of trust in the issuers

- Differences in collateral backing

- Market supply and demand

- Regulatory news and events

- Differences in liquidity on various platforms

Applications: 1) Arbitrage opportunities

2) Diversification of stablecoins

3) Risk hedging

Advantages:

- Low conversion fees between stablecoins

- High liquidity.

- User-friendly interface for monitoring minimal price fluctuations

- Security of transactions on a regulated platform