CoinVoice has recently learned that according to Decrypt, Robinhood has denied speculation that the company is entering 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 this time, we do not have any immediate plans to launch a stablecoin. Rumors are always interesting, but we don’t really spend time on them.” [Original link]