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:现货银)
- ·中金股票博客-中金股票博客官网
- ·十大数字货币量化交易平台
- ·火币网李林
- ·比特币今日价格行情一个
- ·光大银行信用卡一定要满六个月才能提额吗?怎么才能提额?
- ·火币的杠杠
- ·火币网杠杆申请
- ·冷钱包到底应该怎么做-冷钱包怎么制作
- ·比特股火币
- ·Avalanche (AVAX)怎么买?Avalanche (AVAX)在哪里买卖交易?
- ·如何计算拍拍贷的逾期利息?有人知道吗?
- ·股票买入提示
- ·Binance Alpha:早期加密资产孵化新平台深度解析
- ·挂靠车辆增值发票可以抵扣吗
- ·拍拍贷审核超过一天了是为什么,应该如何申请贷款?
- ·澳大利亚证券和投资委员会寻求高等法院裁决 加密货币收益产品法律地位引发争议
- · 欧亿app官网正式版下载
- · 亿欧app下载
- · oe交易所app下载
- · 0kx交易所官网
- ·欧易交易所下载
- · 虚拟货币交易平台排名
- · 欧易app官方下载入口
- · 虚拟货币交易平台有哪些
- · 全球三大虚拟货币交易平台
- · okx官方