Is Robinhood Planning To Launch Its Own Stablecoin?

Quick Summary:

In a recent podcast with Tony Edward (Thinking Crypto), Johann Kerbrat, Robinhood Crypto’s General Manager, hinted at the possibility of the firm developing its own stablecoin.

Although he doesn’t confirm any official plans, Kerbrat discussed the importance of stablecoins and their role in the crypto space, shedding light on the company’s stance towards them.

He assured that if the firm decides to introduce a stablecoin, they would announce it publicly, potentially returning to the podcast to share the news.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Robinhood 24/7 Cryptocurrency News Stablecoin Robinhood vs SEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 20:36:54 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 47 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22544160

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