


The American cryptocurrency exchange Coinbase has announced that, as part of its recent strategic moves, users will now be able to trade stocks directly on the platform. This step, led by Coinbase CEO Brian Armstrong, is an important move aimed at expanding the company's product range.
Coinbase users will be able to easily execute stock trading transactions via the dollar-backed stablecoin USDC. This feature draws attention as part of Coinbase's vision to combine 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 such as Robinhood. This innovative approach to stock trading aims to enhance Coinbase's impact in the financial services sector by allowing users to trade across different asset classes.
The prediction markets and tokenized stock features that Coinbase plans to introduce in the coming weeks are also among the exciting developments for investors. The implementation of these new services will strengthen Coinbase's position in the U.S. financial services ecosystem and has the potential to attract more users.
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