"The Prophet (ﷺ) prohibited studding the stallion."

There are narrations on this topic from Abu Hurairah, Anas, and Abu Sa'eed.

The Hadith is Ibn 'Umar is a Hasan Sahih Hadith. This is acted upon according to some of the people of knowledge. There are those who made concession for accepting an honorarium for that.
Jami` at-Tirmidhi Book 14, Hadith 75