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:经济数据)
- ·火币比特时代
- ·朗威股份收盘跌1.22%,主力资金净流出2452.92万元
- ·比特币:分析为什么 BTC 的峰值可能比预期更远
- ·meme币交易所安卓app下载 meme币app安卓手机端软件
- ·支付宝花呗为什么不能使用?想用花呗在淘宝上购物,但是无法使用。
- ·哈希值多少钱
- ·5月21日关键市场信息差,一定要看!|Alpha早报
- ·女性应该选哪些定期重疾险呢?
- ·火币网api
- ·股票交易时间:买入后多久能卖出?当天买入能当天卖出吗?
- ·股票民族证券-民族证劵
- ·双一科技收盘涨0.21%,主力资金净流出3205.93万元
- ·火币网交易平台莱特币
- ·小米概念31日主力净流出72.42亿元,欧菲光、TCL科技居前
- ·土地增值税预征的计税依据是什么
- ·巴基斯坦气候怎么样-巴基斯坦气候怎么样啊
- · 欧易app官方下载入口
- · okx网页版
- · 数字货币交易app
- · 全球三大虚拟货币交易平台
- · 亿欧交易所下载
- · 0kx交易所官网
- · okx交易所app官网
- · 数字货币交易所
- · 欧易正规
- · 虚拟货币交易