$USDC

The USDC/USDT trading pair represents the exchange rate between two of the most prominent stablecoins in the cryptocurrency market: USD Coin (USDC) and Tether (USDT). Both are pegged to the U.S. dollar and designed to maintain a 1:1 value with it. However, this pair allows traders to hedge, arbitrage, or evaluate market trust between the two coins. While USDT remains the most widely used stablecoin, USDC is known for its transparency and compliance, being issued by Circle and audited regularly. Small fluctuations in the USDC/USDT price—typically ranging between $0.998 and $1.002—may indicate liquidity shifts, regulatory sentiment, or short-term supply-demand imbalances. Traders often use this pair during volatile market conditions to move capital quickly while staying within the stablecoin ecosystem. The USDC/USDT pair is especially important on decentralized exchanges (DEXs) and is a key part of many yield farming, DeFi, and stablecoin arbitrage strategies.