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：宏观研究)

• ·贝莱德的 IBIT 比特币 ETF 在美国每日资金流入量方面击败所有竞争对手
• ·西昌电力：股票交易异常波动，多项关键信息披露
• ·简单又快速的手机贷款app有哪些？我想多借一点钱。
• ·叮当健康(09886.HK)10月31日斥资24.3万港元回购41.1万股
• ·买卖股票个税-买卖股票个税怎么算
• ·大陆比特币钱包都有什么？热门比特币钱包排名第一
• ·缴纳简易征收增值税会计分录是什么
• ·云币怎么交易平台
• ·加密货币分析师发布比特币警报，称如果历史重演，BTC 将遭遇抛售——以下是他的目标
• ·10月31日易方达科翔混合净值增长0.43%，近3个月累计上涨7.76%
• ·观点：走出山寨熊市，需要 DeFi 复兴
• ·10月31日鹏华鑫华一年持有期混合A净值增长0.15%，今年来累计上涨5.69%
• ·lamb币今日价格-lamb币今日价格行情
• ·inj什么币
• ·币圈十大交易所都是哪些 上榜名单
• ·接受投资收到的现金主要包括哪些