Robinhood and London-based Revolut are considering entering the $170 billion stablecoin market. According to Bloomberg, these two financial technology giants are not ignoring the potential offered by stablecoins despite the volatility in the cryptocurrency market. However, current market conditions and regulatory uncertainties could seriously threaten the success of these initiatives. In particular, the increasing pressure from global regulators on stablecoins could make it difficult to implement these projects. Therefore, it is useful to be cautious about the future of the market.