eToro has added USD Coin, a fiat-backed stablecoin. USDC is
created by Circle and Coinbase through the Centre Consortium. Each token is
designed to maintain a 1:1 peg with the U.S. dollar, with reserves held by the
issuer.
This addition follows eToro’s Nasdaq listing and its other initiatives
in the crypto space.
USDC for Fast, Low-Cost Transfers Across Blockchains
USDC operates across multiple blockchains, including
Ethereum. It allows fast and low-cost transfers without the limitations of
banking hours or international fees.
eToro users can now buy and sell USDC on the platform. They
can also convert USDC to fiat and, where available, withdraw it to the eToro
Money Crypto Wallet.
Analysis Highlights Growing Role of Retail Investors
eToro has expanded its offerings to provide broader access
to retail trading. In January this year, the
platform partnered with Stocktwits to integrate its community, offering
additional tools and insights for investors globally.
You may find it interesting at FinanceMagnates.com: eToro
Becomes First Non-Nordic Broker to Offer Nasdaq Nordic Stocks in Real Time.
In March, it released an
analysis addressing the perception that individual investors are prone to
impulsive trading, noting that retail investors are increasingly active
participants in global markets.
eToro Becomes Official Trading Partner of Nottingham
Forest
Meanwhile, eToro
has signed a multi-year agreement to become the Official Trading Partner of
Nottingham Forest FC for the 2025/26 season, covering both the men’s and
women’s teams.
The deal builds on eToro’s existing sports partnerships,
including Crystal Palace, Everton, West Ham United, and Premiership Women’s
Rugby. Branding will feature across the City Ground and digital channels, with
co-branded content and fan engagement initiatives.
According to eToro, the partnership reflects firm’s strategy
to support gender equality in sports and finance, while leveraging sponsorships
as a cost-effective way for retail trading platforms to engage fans.
This article was written by Tareq Sikder at www.financemagnates.com.
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