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:私募资讯)
- 股票基金走势
- 未来币怎么样
- Saving WBTC? Can the signature prize pool activities supported by Curve and Synthetix be successful?
- 10月31日创金合信沪港深精选混合净值增长0.65%,近3个月累计上涨18.35%
- Ledn 放弃以太坊,采用仅比特币的托管模式
- 10月31日嘉实消费精选股票C净值下跌0.52%,近1个月累计下跌4.84%
- 流量新宠,比特币质押能否引领下一个流动性释放浪潮?
- 萨尔瓦多比特币投资未实现收益突破3.57亿美元
- 珠宝币交易平台
- 10月31日华商万众创新混合A净值增长0.79%,近3个月累计上涨19.42%
- 亦来云币行情
- 10月31日融通红利机会主题精选混合C净值增长0.21%,近3个月累计上涨0.77%
- 全球数字货币交易平台排行榜 虚拟货币十大交易所app下载
- 什么天气什么天元-什么天气什么天元成语
- 10月31日创金合信新材料新能源股票A净值增长1.23%,近3个月累计上涨15.3%
- 10月31日惠升惠诚稳健一年持有混合C净值增长0.67%,近6个月累计上涨6.95%
- 泰国五月份穿什么合适-泰国五月份穿什么合适衣服
- 土鸡蛋多少钱一个-土鸡蛋多少钱一个 市场价
- 10月31日浦银安盛ESG责任投资混合C净值下跌0.48%,近1个月累计下跌1.97%
- 10月31日中银证券价值精选混合净值增长0.40%,近3个月累计上涨8.99%
- OK交易所官网入口登录 views+
- 亿欧app下载 views+
- 虚拟货币交易平台排名 views+
- okx官方 views+
- okcoin下载官方app views+
- 欧易正规 views+
- oe交易所app下载 views+
- okx网页版 views+
- 欧易交易所 电脑 views+
- 虚拟货币交易平台排名 views+