


American cryptocurrency exchange Coinbase has announced that its users will be able to buy and sell stocks directly through the platform as part of recent strategic moves. This step, led by Coinbase CEO Brian Armstrong, is an important measure aimed at expanding the company’s product offerings.
Coinbase users will now be able to easily carry out stock trading transactions using the dollar-pegged stablecoin USDC. This feature is part of Coinbase's vision to integrate crypto, stocks, and other digital assets on a single platform.
With this new service, Coinbase is preparing to take a strong position to compete directly with rivals like Robinhood. This innovative approach to stock trading aims to allow users to trade across different asset classes, thereby increasing Coinbase's influence in the financial services sector.
Upcoming features such as prediction markets and tokenized stocks to be provided by Coinbase in the coming weeks are also among exciting developments for investors. The implementation of these new services will strengthen Coinbase's power in the U.S. financial services ecosystem and has the potential to attract more users.
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