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)
- ·什么菜长什么气候
- ·芝麻交易所平台永续合约v6.0.8快速下载安装(芝麻交易所交易所6月内部版下载)
- ·请问按揭买车的条件有哪些?我想知道我符不符合按揭条件。
- ·金固股份(002488.SZ)收到某国内重卡企业阿凡达低碳车轮项目定点通知
- ·天津商业贷款怎么转公积金贷款?想要了解一下。
- ·火币网怎么样
- ·加密货币的高价:针对数字财富的全球绑架危机
- ·主流币交易平台哪个好 虚拟币主流币交易所排名
- ·怎么使用魔法现金借款?借款流程是什么?
- ·浩瀚深度(688292.SH):产品已适配华为欧拉操作系统
- ·莱特币价格走低
- ·火币网交易币种
- ·保健品增值税税率是多少
- ·btp数字货币行情-btd数字货币行情
- ·杠杆式股票-杠杆股票是啥
- ·meme币交易中心手机app最新版 meme币比安卓手机平台软件
- · oe交易所app下载
- · 欧易app官方下载入口
- · 虚拟货币交易平台排名
- · 0kx交易所官网
- · okcoin下载官方app
- · okx官方
- · 易欧app官网下载
- · 数字货币交易所
- · 加密货币交易所
- · 数字货币交易app