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：时讯)

• ·股票500058-股票5000583
• ·“历史的韵律”——分析师预测以太坊将重现2020年式反弹，Solana或创新高
• ·tenx币国际价格-tenx币官网
• ·长春空气质量怎么样
• ·墙倒众人推，以太坊陷入穷途末路？还有机会吗？
• ·中粮资本：持股 5%以上股东减持股份达到 1%
• ·基本币ico价格-基本币是什么
• ·没有销项还需要计提增值税吗
• ·柴犬（SHIB）价格意外走强，扭转市场低迷局面
• ·10月31日广发碳中和主题混合发起式A净值增长1.80%，近3个月累计上涨17.25%
• ·面对狗狗币市场操纵与内幕交易指控，马斯克如何全身而退？
• ·公司租车一年按月付款分录怎么做
• ·HTX DAO布局RWA领域，构建加密自由金融港
• ·以太坊的未来，Based Rollups 会有一席之地吗？
• ·比特币突破111500美元关口，24小时涨幅达4.2%
• ·贵州五月份穿什么衣服