Robinhood Vice President: No plans to launch stablecoins in the short term

BlockBeats news, September 30, according to Decrypt, Robinhood denied speculation that the company entered the stablecoin market, and confirmed on Monday that Robinhood (HOOD) has no "short-term plans" to launch its own stablecoin.

Johann Kerbrat, vice president and general manager of Robinhood Crypto, said: "At present, we do not have any immediate plans to launch a stablecoin. Rumors are always interesting, but we don't really spend time on it."