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:创业研究)
- ·eosram行情查询
- ·美国版权交易平台
- ·火币网手续费多少
- ·外国人买股票
- ·红冲发票怎么写分录
- ·调查显示:大多数美国人支持将部分黄金储备转换为比特币
- ·公司承租库房需交印花税吗
- ·代币化的突破时刻是否已到?
- ·洪水像什么什么似的-洪水像什么什么似的向前奔腾顷刻间淹没了整个村庄
- ·高新企业取得财政补贴的账务处理
- ·光大银行信用卡溢缴款是什么啊?
- ·市场调整中以太坊跌至 2,400 美元:下一个目标会是 2,200 美元吗?
- ·SEC指控Unicoin及其高管涉嫌1.1亿美元加密货币欺诈
- ·迈凯伦车队与 OKX 联合发布新加坡大奖赛独家“Legend Reborn”涂装,致敬 MP4 时代
- ·新易贷验证资格失败为什么,新易贷的申请条件是什么?
- ·投资收益调整如何做分录
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · 欧亿app官网正式版下载
- · 欧易最新版本
- · 易欧app官网下载
- · OK交易所官网入口登录
- · okx交易所app官网
- · ok币
- · okx交易所app官网链接
- · 0kx交易所官网