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:商业观察)
- ·火币手机交易平台
- ·ETH交易平台芝麻交易所官方下载-芝麻交易所币币杠杆交易所v6.5.7下载地址
- ·以太坊 ETH 交易员现在看到更多看好其价格的理由
- ·沪企改革概念31日主力净流出5.01亿元,上海电气、上工申贝居前
- ·单位社保怎么入账
- ·加密货币:人工智能预测 15 年后 ADA、LINK、SOL 和 BNB 的价格
- ·筹建期的开办费计入什么科目
- ·虚拟币十大交易所app 国内十大虚拟币交易所app排名
- ·链游在韩国:玩家不抵触上链,但对发行商的贪婪心存顾虑
- ·怎么比特币支付 如何比特币支付
- ·请问曹操贷下款容易吗?想在曹操贷上申请贷款。
- ·中恒集团收盘涨10.21%,主力资金净流入9765.16万元
- ·LBank在申请VARA许可证期间调整阿联酋服务,暂停新用户注册
- ·狗狗币从 1000 美元到 100 万美元:这是详细的时间表
- ·加密货币的高价:针对数字财富的全球绑架危机
- ·比特币 ETF 资金激增,富达和 Ark Funds 募集 3.43 亿美元
- · 欧易正规
- · 欧易交易所 电脑
- · okx交易所app官网链接
- · okx交易所app官网
- · okb交易所官网
- · 十大虚拟货币交易平台app
- · okcoin下载官方app
- · 易欧app官网下载
- · 亿欧交易所下载
- · 数字货币交易app