02:04 PM EDT, 09/26/2024 (MT Newswires) -- Robinhood Markets ( HOOD ) and Revolut are weighing issuing their own stablecoins, Bloomberg reported Thursday, citing people familiar with the matter.

The companies could still opt not to pursue entry into the $170 billion digital-asset sector, the people reportedly told Bloomberg.

Neither Robinhood nor Revolut immediately responded to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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