Golden Finance reported that Robinhood denied speculation about the company's entry into the stablecoin market and confirmed 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."