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:市场数据)
- ·提供建筑服务预缴城建税后续怎么操作
- ·股票高送转10送10-股票高送转10送4第二天怎么除权
- ·收到拍拍贷短信号码是怎么回事?有点担心。
- ·交易性金融资产属于什么科目
- ·前纽约联储主席杜德利:美联储应为市场的意外做好准备
- ·Facing the development of the memory blockchain industry, He Yi: If we have different opinions, then you may be right
- ·能极速下款的小额贷款有哪些啊?
- ·bcc币怎么挖
- ·分析股票复权-分析股票复权好还是不复权好
- ·DeFi Development Corp. 股价因 Solana 收购与 Bonk 合作创新高
- ·请问广发为什么不给临时额度啊?
- ·扩盈币价格-币圈扩容是什么意思
- ·OKX Token2049 速遞:首席營銷官 Haider 揭祕 OKX 錢包全新升級的五個關鍵細節
- ·FARTCOIN:memecoin 的下一个目标会是 1.5 美元吗?——如果会,会怎样?
- ·我一直用微信交易转帐为什么没有微粒贷?
- ·火币申请杠杆
- · 数字货币交易所
- · 虚拟货币交易
- · 数字货币交易平台app
- · okx官方
- · okx交易所app官网
- · 欧亿交易所怎么样。
- · 虚拟货币交易平台有哪些
- · 亿欧交易所下载
- · 数字货币交易app