Broker Swissquote has introduced new trading opportunities for its clients. The broker's users can now easily buy, sell, or exchange USDC through their Swissquote accounts.
The broker has made it possible for its clients to trade and transfer USDC, the second largest stablecoin.
USD Coin (USDC) is a fiat-backed stablecoin that is backed 1:1 by the US dollar. USDC operates on the Ethereum blockchain and is capable of high speed and low transaction costs.
As USDC is widely used for settlements on cryptocurrency exchanges and wallets, its integration into various financial applications is being actively pursued. This is also due to USDC's stability and compatibility with other assets.
According to FNG, USDC is managed by a consortium established by Circle. It operates in an open and transparent manner and publishes accurate data on its assets and liabilities.
Earlier, Swissquote clients got access to the Value Rockstars assets. The certificate offers shares of the most profitable companies, selected on the basis of several criteria, including the largest positions in the investment company's portfolio.
Read also: Coinbase chooses a location for its European office.
