Robinhood Crypto EU has added the settlement side of USDC to its cryptocurrency offerings. This move is meant to extend European reach by offering European users access to a secure, regulated digital asset backed by the US dollar.
USDC integration, however, helps Robinhood continue expanding its cryptocurrency services and building user trust. With over 24 million registered accounts, the platform is dedicated to providing diverse and fully regulated digital assets.
Circle’s CEO Jeremy Allaire welcomed the addition, saying it could help stablecoins gain wider use throughout Europe. But in Europe, another Circle stablecoin, EURC, contributes to the ecosystem and helps make the region’s cryptocurrency safer.
“EURC is the largest Euro Stable, has grown fast this year, is taking advantage of clear and fair regulations in Europe (alongside USDC), and is growing TX volume, on-chain FX use, and more and more exchanges and wallets launching support.”
Improving Robinhood’s Crypto Services
About 30 digital assets are supported by Robinhood today, including major cryptocurrencies like Bitcoin and Ethereum, and there are multiple accolades for this European market’s trading options that are quite low-cost. USDC, added by Robinhood, brings a trusted, stable asset on top of regulatory standards.
Robinhood is expanding its offering for European users by introducing this integration, which continues its track record of offering secure, regulated cryptocurrency services in the region. USDC is a stablecoin that is a perfect way to navigate the volatile world of crypto, with both retail and institutional investors seeking the safer option.
Circle’s suite of stablecoins has made strides in Europe. But the company also recently rolled out its EURC stablecoin and the opportunity to transact USDC on the Aptos blockchain. This enables more functionality across Ethereum, Solana, and Base networks, promoting the ability to operate without bridged assets.
The USDC addition to Robinhood’s platform also points to a larger trend in the cryptocurrency industry. The fact that this is one more institution making safe and transparent crypto services a bridge with stablecoins, now with much more institutional interest in stablecoins, is significant.
It followed in September when Robinhood introduced cryptocurrency transfers to Europe, reaffirming that the trading app continues expanding its crypto services. With greater flexibility and self-custody options, the platform allows users to deposit and withdraw over 20 cryptocurrencies, such as Bitcoin and Ethereum.
Secondly, Robinhood’s listing of Dogwifhat (WIF), a meme coin on the Solana blockchain, also raised trading volume and price due to Robinhoods influence on the market trend.
With the stablecoin ecosystem on the up, platforms like Robinhood are helping make regulated digital assets more accessible to users of all stripes, keeping stablecoins such as USDC a key piece of the broader cryptocurrency market.
According to recent Artemis data, the stablecoin market has grown by leaps and bounds in key metrics over the past month, which shows stablecoins’ resurgence as a liquidity engine and driving force of cryptocurrency adoption.
With stablecoins growing into even stronger tools for communication and commerce, Robinhood’s emphasis on these assets gives it a strong foundation for being the leader in safely delivering crypto services to Europeans.
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