Robinhood Adds USDC: First Stablecoin on the Platform
Exciting news for Robinhood users! As of September 20, 2025, the popular stock trading app has officially added Circle's USD Coin (USDC) to its crypto offerings. This marks a significant milestone, making USDC the first stablecoin available for purchase directly on the Robinhood platform.
The USD Coin (USDC) is fully backed by US dollars or US dollar equivalents, providing a stable and reliable digital currency option for Robinhood users. Now you can seamlessly buy and sell USDC alongside other popular cryptocurrencies.
Robinhood's Growing Crypto Portfolio
The addition of USDC expands Robinhood Crypto's asset list to a total of 17, further diversifying investment options for its users. Previously, Robinhood Crypto EU increased its offerings with USDC. This move aims to provide European users with secure access to a stablecoin, reflecting Robinhood's commitment to expanding its global reach and user base.
USDC Transfers via Polygon
Users of Robinhood can now transfer USDC, even those originating from the Polygon network, directly into their Robinhood wallets. This simplifies the process of managing and trading USDC for retail traders.
Stablecoin Landscape: Robinhood's First Mover Advantage
While Indian crypto exchange WazirX recently announced other crypto initiatives, Robinhood takes the lead by being the first to offer a stablecoin directly on its platform. This move positions Robinhood as a frontrunner in providing users with accessible and diversified crypto investment opportunities.
Stay tuned for more updates on Robinhood's expanding crypto offerings. With the addition of USDC, Robinhood continues to solidify its position as a leading platform for both traditional and digital asset trading.
Updated: September 28, 2025 - Adding details on portfolio size increase and EU expansion.