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：财富观察)

• ·一次性年终奖怎么做会计分录
• ·日本比特币交易平台
• ·火币c2认证
• ·wgc币今日价格-wncg币最新价格
• ·财务代收代付款怎么记账
• ·涨停揭秘 | 沪江材料4连板涨停，封板资金3519.09万元
• ·申请浦发万用金会影响公积金贷款么？我在上面贷了几万块钱。
• ·煜荣集团(01536.HK)发行7600万股配售股份
• ·合肥市公积金贷款额度怎么计算，不知道我可以申请的额度是多少
• ·显卡挖矿怎么挖
• ·在拍拍贷上的借贷多久会收到大量催收呢？
• ·研究人员解释 XRP 如何在短期内飙升至 5-15 美元，长期内飙升至 20-75 美元
• ·拍拍贷上征信吗？想要了解一下拍拍贷的情况。
• ·车辆保险费应该记在哪项会计科目里？
• ·银行现金分期对比哪家强？网贷我不太信任，想选一个靠谱的银行分期。
• ·ethereum轻钱包