RATE Group | Social trading platform eToro adds five stablecoins to its lineup
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Social trading platform eToro adds five stablecoins to its lineup

12 Nov Social trading platform eToro adds five stablecoins to its lineup

Posted at 18:54h in Cryptocurrency News by

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The social investment network eToro today added a raft of  stablecoins to its platform, including coins pegged to the Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX), Hong Kong Dollar (HKDX), and Singapore Dollar (SGDX), as well as the cryptoasset Dash, Circle’s USDC and Tether’s USDT stablecoins and a GOLDX/BTC pairing.

It’s only one part of eToro’s plan to delve deeper into the crypto ecosystem, incorporating the eToroX digital asset platform. “We’re going to take eToroX and focus on the more crypto-savvy community,” CEO Yoni Assia told Decrypt in an interview. “On the other hand, we’re going to take eToro as a platform, and keep on drumming to the bigger audience of regular people who want to simply trade and invest in the global markets. They can do that, and crypto can be part of their portfolio.”

Stablecoin genius

Earlier this year, eToro launched its own suite of stablecoins, including the eToro United States dollar (USDEX), eToro Japanese…

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