Trading App Giant Robinhood Adds Stablecoin US Dollar Coin (USDC) to Roster

Trading App Giant Robinhood Adds Stablecoin US Dollar Coin (USDC) to Roster


Retail trading giant Robinhood just added top stablecoin USD Coin (USDC) to its list of supported digital assets as the platform sees reduced trading activities due to the crypto winter.

In a new announcement via Twitter, the company says that the second largest dollar-pegged stablecoin is now included in its trading roster, effective September 21st.

According to the announcement, USDC will be transferable on both the Ethereum (ETH) and Polygon (MATIC) networks.

#USDC is now on Robinhood @circlepay #StableCoin #CryptoListinghttps://t.co/OL7fXLffHW pic.twitter.com/EUNLPpvGUu

Trending: Angelina Jolie Levels Explosive Accusations Against Brad Pitt In Countersuit

— Robinhood (@RobinhoodApp) September 20, 2022

The company also recently added Ethereum rivals Avalanche (AVAX) and Cardano (ADA) as well as XRP challenger Stellar (XLM) to its platform.

Robinhood is rolling out support for new assets as it admits it’s struggling because

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend