$USDC USDC futures are special contracts that let traders bet on the price of USDC (a stablecoin that usually stays at $1) without actually owning it.
Here's why they're used:
* **Easy Trading Money:** Many trading platforms use USDC as the "money" for buying and selling other crypto futures (like Bitcoin futures). So, if you make a profit on Bitcoin, you get paid in USDC. This keeps things stable since USDC's value doesn't jump around like other cryptos.
* **Advanced Betting:** Very experienced traders might use them for complex strategies, like trying to earn small profits from tiny price differences.
In short, they help big traders manage their money and make more advanced moves in the crypto world.