The Etoro online broker has added $ USDC Stablecoin to the list of investment media.
$ USDC is a Stablecoin supported by Fiat, created by Circle and Coinbase through the central consortium. Each token is intended to support 1: 1 with the US dollar, with reserves held by the publisher. It is often called the “digital dollar”, the USDC combines the speed and safety of blockchain with the world range.
Available in multiple blockchains, including Ethereum, it allows low-cost rapid transport-without limiting banks or international fees.
With this launch, Etoro’s customers will be able to:
- Buy and sell USDC to Etoro.
- Convert USDC to Fiat (C2F).
- Discover USDC in Etoro Money Crypto wallet (soon if the Etoro Money Crypto wallet is available in your country).
$ USDC is currently not available for ETORO customers in the UAE, Germany and Australia.