The demand for crops production continues to intensify with the rapid increase in population. Agricultural crops continue to encounter abiotic and biotic stresses, which can substantially hamper their productivity. Numerous strategies have been focused to tackle the abiotic and biotic stress factors in various plants. Nanotechnology has displayed great potential to minimize the phytotoxic impacts of these environmental constraints. Copper (Cu)-based nanoparticles (NPs) have displayed beneficial effects on plant growth and stress tolerance. Cu-based NPs alone or in combination with plant growth hormones or microorganisms have been documented to induce plant tolerance and mitigate abiotic or biotic stresses in different plants. In this review, we have comprehensively discussed the uptake and translocation of Cu-based NPs in plants, and beneficial roles in improving the plant growth and development at various growth stages. Moreover, we have discussed how Cu-based NPs mechanistically modulate the physiological, biochemical, metabolic, cellular, and metabolic functions to enhance plant tolerance against both biotic (viruses, bacterial and fungal diseases, etc.) and abiotic stresses (heavy metals or metalloids, salt, and drought stress, etc.). We elucidated recent advancements, knowledge gaps, and recommendations for future research. This review would help plant and soil scientists to adapt Cu-based novel strategies such as nanofertilizers and nanopesticides to detoxify the abiotic or biotic stresses. These outcomes may contribute to the promotion of healthy food production and food security, thus providing new avenues for sustainable agriculture production.