British fintech giant Revolut reportedly plans to launch its own stablecoin
According to CoinDesk citing four informed sources, UK fintech company Revolut plans to issue its own stablecoin. Two insiders revealed that the company has made significant progress in creating stablecoins.
Revolut, which provides cryptocurrency trading services, has 45 million users worldwide and obtained a UK banking license in July of this year. The company announced last month that it would provide liquidity to its employees through a secondary stock issuance, with a valuation of $45 billion.
When asked about its stablecoin plan, a spokesperson for Revolut stated that the company hopes to expand its cryptocurrency products and adopt a compliance first approach to become a safe haven for the entire cryptocurrency community. The spokesperson stated in an email:
Cryptocurrency is an important component of our borderless banking philosophy, and we have a clear mission to become the safest and most convenient provider of encrypted asset services
The stablecoin field is currently dominated by Tether's USDT, with a market value of approximately $119 billion, followed by Circle's USDC, with a market value of approximately $35.4 billion. Payment giant PayPal has been issuing its own stablecoin PYUSD since August last year, while blockchain company Ripple plans to join this market in the coming weeks. Cryptocurrency custodian BitGo announced plans yesterday to launch the US dollar stablecoin USDS.
The value of stablecoins is linked to real-world assets, and issuers typically purchase government issued bonds to support their value, providing them with a stable source of interest income and substantial profits. Tether stated in its quarterly report released in July this year that its net profit for the first half of the year reached a record high of $5.2 billion.
This trend may also be driven to some extent by the preliminary guidelines for cryptocurrency issued by Europe in the form of the Crypto Asset Market Act (MiCA) regulatory framework.
(责任编辑:现货金)
- ·哪个平台有steem币-steem币怎么样
- ·nuls众筹价多少
- ·请问光大银行信用卡二卡一般额度多少啊?
- ·如何获得bcdn
- ·QTUM币价格今日行情-qtum币最新价格
- ·元宝数字交易平台
- ·股票卖空操作-股票卖空操作方法
- ·如何挖比特比
- ·wax现在什么价格
- ·晚报|Upbit 运营商 Dunamu Q1 营业利润约 1.6 亿美元;Ordinals 累计铸造数量超 1000 万枚
- ·特斯拉持有超12.5亿美元比特币,巩固加密货币市场地位
- ·美国众议院金融服务委员会领导层在PayPal稳定币问题上持对立立场
- ·云端挖矿平台
- ·TRON创下USDT新纪录,逼近以太坊
- ·2025年区块链去中心化交易所排名前十介绍
- ·冷钱包同步区块-区块链冷钱包怎么用
- · 欧易app官方下载入口
- · okx交易所app官网
- · 虚拟货币交易平台排名
- · 0kx交易所官网
- · 欧亿交易所怎么样。
- · okcoin交易平台
- · okx交易所app官网链接
- · okcoin下载官方app
- · okx网页版
- · 欧亿app官网正式版下载