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International Business Times
International Business Times
Business
Marvie Basilan

Will Tether Finally Meet Its Rival? Robinhood Reportedly Explores Stablecoin Offering

Robinhood Tether Crypto fintech OKX Bitstamp MiCA Robinhood Crypto
Robinhood's YouTube tutorial on how to buy crypto through the Robinhood app. (Credit: Robinhood YouTube Channel/Screenshot)

KEY POINTS

  • Robinhood is reportedly exploring the possibility amid stricter stablecoin regulations in Europe
  • Tether faced a setback in March after OKX delisted USDT pairs in Europe ahead of the MiCA adoption
  • Robinhood continues to expand its crypto offerings, recently agreeing to acquire exchange Bitstamp

Fintech titan Robinhood is exploring the possibility of entering the multi-billion-dollar stablecoin market, a new report revealed, signaling increasing interest in stablecoins as the broader cryptocurrency industry continues to grow.

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