Robinhood Markets
has struck a deal with Circle Internet Financial to make the group’s U.S. dollar stablecoin available on
Robinhood
retail-focused trading platform, marking the broker’s latest push into cryptocurrency amid a wider slowdown.
To really make money from stablecoins, though, Robinhood (ticker: HOOD) needs to look for the type of deal that Circle has with crypto-native rival
Coinbase Global
(COIN).