Robinhood executive: Working with Paxos to create an open network for stablecoins
Johann Kerbrat, managing director of Robinhood Crypto, revealed that the company is working with Paxos to create an open network for stablecoins, emphasizing that stablecoins can bring significant value to their platform. Several companies are currently exploring the stablecoin market, such as Visa's launch of a tokenized asset platform that allows banks to issue stablecoins. Revolut, a fintech company, is also exploring the possibility of launching stablecoins. Stripe has acquired Bridge, a fintech platform specializing in stablecoin trading.