Robinhood Crypto EU has added USDC, a dollar-based stablecoin issued by Circle, to its platform. The new feature was revealed in an X earlier today.
Robinhood Crypto EU claims to provide the lowest cost average trading in Europe for 30+ different digital assets.
As the EU has created new rules for crypto, both Robinhood and Circle have a compliant path to powering various services.
Circle’s CEO Jeremy Allaire touted the addition of USDC to Robinhood by X, noting that over 24 million registered accounts now have access to USDC.
Allaire noted the same day that their EURC, a Euro-based stablecoin, which is the largest by market cap, is “taking advantage of clear and fair regulations in Europe (alongside USDC!).”
The UK is expected to reveal rules in 2025 to enable stablecoins and both cryptocurrencies.
The odd man out is the US, which has stumbled during the Biden Administration, which took a decidedly anti-crypto stance, undermining sector innovation. This will all change next year once the new Administration takes over, along with leadership at the SEC that supports blockchain technology.
