$USDC

The USD Coin (USDC) is one of the most popular stablecoins in the crypto market, used as a means to protect capital from sharp market fluctuations. USDC is backed 1:1 against the US dollar, meaning that each unit is backed by an actual dollar or an equivalent asset, making it a preferred option for traders and investors seeking stability.

USDC is issued by Circle in collaboration with Coinbase and operates within a strict regulatory framework with transparent reports confirming the existence of reserves. USDC can be used in trading, instant international transfers, decentralized finance (DeFi), and other applications.

When trading the $USDC pair, it is often used as a reference or intermediary between other cryptocurrencies due to its stability and reliability.

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