Robinhood Vice President: There are no plans to launch stablecoins in the short term

On September 30th, according to Decrypt, Robinhood denied speculation about the company 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, "Currently, we have no immediate plans to launch stablecoins. Rumors are always interesting, but we haven't really spent time on it