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:基金工具)
- 火币网与云币网区别
- 外汇期货有哪些平台?|国内十大加密货币交易软件排行
- 游乐币是什么 游乐币是什么意思
- 众创资产交易平台
- fil币价格图
- ST中装:股票交易异常波动,多个关键事项风险提示
- Coinbase、Paradigm 都參投!AI 專案 Vana 獲得 2,500 萬鎂融資,預挖活動進行中
- Solana猫主题射击游戏《Nyan Heroes》因资金问题遗憾停摆
- 股票要约回购-股票要约回购是什么意思
- 大摩:予赣锋锂业(01772)“增持”评级 目标价19港元
- 付现金的专票不能抵扣进项税吗
- 华丰科技(688629.SH):已经完成正交架构的112G高速背板产品开发及批量生产
- 区块链中国有什么 区块链中国有什么公司
- status开盘价格-ht开盘价
- bcc价格今日价格
- 神州泰岳收盘跌0.54%,主力资金净流出1.18亿元
- 个税申报免税收入怎么填
- c网交易平台
- 北陆药业:通过巴西国家卫生监督局 GMP 认证
- Blockstream CEO看好比特币未来涨至100万美元
- 虚拟货币交易平台排名 views+
- okx交易所app官网 views+
- 全球三大虚拟货币交易平台 views+
- OK交易所官网入口登录 views+
- 数字货币交易app views+
- ok币 views+
- 数字货币交易平台app views+
- 亿欧交易所下载 views+
- 欧易开户 views+
- okx网页版 views+