The deal revealed on Wednesday will provide Robinhood Crypto and Robinhood Wallet users with the ability to purchase and sell Circle's usd coin ($USDC).
is the “first stablecoin available to buy and sell on Robinhood Crypto and on the new Robinhood Wallet .”
“USDC will play a crucial role in helping our customers get their dollars into Web3 through a trusted and transparent source,” Johann Kerbrat, the chief technology officer and GM of Robinhood Crypto. “It’s a crucial addition to our product to enable our customers to experience Web3 dapps and defi, without exposing themselves to volatility within the market,” Kerbrat added.
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