Robinhood partners with Circle, lists USDC as its first stablecoin

Robinhood Markets said on Wednesday it has partnered with crypto firm Circle to provide customers the option to trade stablecoin USD Coin (USDC) on the brokerage's platform. USDC, the second-largest stablecoin with over $50 billion in circulation, is the first stablecoin to be listed on Robinhood Crypto. With this, the number of cryptocurrencies on the app stands at 17.