Odaily News Robinhood has denied speculation that the company is entering the stablecoin market, confirming 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 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." (Decrypt)