Odaily Planet Daily News Robinhood denied speculation that the company was entering the stablecoin market and confirmed on Monday that Robinhood (HOOD) has no plans to launch its own stablecoin in the short term. 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." (Decrypt)