Recently, global fintech giant Robinhood's layout in the blockchain and tokenization fields has attracted industry attention. CEO Vlad Tenev repeatedly highlighted the huge efficiency advantages brought by blockchain technology and tokenization in public speeches, indicating that the financial services sector is undergoing another round of transformation. Tenev pointed out that more traditional financial products are expected to be efficiently traded and managed through blockchain, marking a trend where the financial industry is gradually embracing innovative technologies. Analysts speculated that, considering Robinhood's business model and its active performance in the cryptocurrency market, the company might launch its own stablecoin in the future. One reason is that stablecoins can simplify the process of accessing US dollar assets for overseas users and provide convenient cross-border payment solutions. In addition, considering that interest income constitutes an important part of Robinhood's revenue structure, developing a stablecoin product not only broadens the range of services but may also become a new revenue growth point for the company. Although Robinhood has not officially announced any related plans so far, its proactive positioning in the blockchain field has sparked market anticipation, and future dynamics are worth watching.