Robinhood and Revolut Explore Entry into Stablecoin Market – Bloomberg

(Updated – September 26, 2024, 1:21 PM EDT)

Robinhood and Revolut are exploring entries into the stablecoin market, according to recent reports.

• Robinhood has indicated that there are "no imminent" plans to launch a stablecoin.
• Revolut, on the other hand, aims to "further grow" its cryptocurrency product offerings.