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:黄金TD)
- ·以太坊交易平台哪些值得下载 十大币圈常用的以太坊交易平台
- ·Arthur Hayes 预测资本管制将推动比特币价格在 2028 年达到 100 万美元
- ·火币网杜均
- ·火币网c2
- ·瑞士比特币银行获得阿布扎比国际金融中心金融服务监管局的原则性批准
- ·建筑劳务分包需要资质吗
- ·股票成交单数
- ·000股票是什么股票-000股票是什么股票类型
- ·手机贷款综合评分不足的原因是什么?为什么我综合评分不足?
- ·最新数字币价格-最新数字币价格走势
- ·Facing the development of the memory blockchain industry, He Yi: If we have different opinions, then you may be right
- ·瑞波币钱包多大-瑞波币钱包多大可以用
- ·火币网多久到账
- ·CryptoQuant: Bitcoin exchange deposit addresses reach multi-year low, indicating possible easing of selling pressure
- ·湍波币价格
- ·royalcoin这个交易所
- · 0kx交易所官网
- · oe交易所app下载
- · 亿欧app下载
- · 虚拟货币交易平台排名
- · 易欧app官网下载
- · 数字货币交易app
- · 数字货币交易平台app
- · 欧亿app官网正式版下载
- · 全球三大虚拟货币交易平台
- · 十大虚拟货币交易平台app