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：基金专题)

• ·Arthur Hayes 解釋降息影響：日元兌美元匯率是關鍵、降息後市場恐暴跌
• ·天平道合(08403.HK)完成配发合共300万股
• ·etc上线火币
• ·500eth是多少
• ·仅当满足某些条件时，Pendle 加密货币才能迫使价格上涨至 7 美元！
• ·比特币升多少赚-比特币能升到多少
• ·火币网ico
• ·meme币怎么注册 meme币交易所注册教程(最新)
• ·广发的信用卡额度被减还能恢复吗？一般是什么原因被降低额度啊？
• ·买断式逆回购交易落地！央行10月开展6个月期买断式逆回购操作5000亿元 专家：可盘活大量债券资产 本质上仍是资金业务
• ·计提工资时要计提五险一金吗
• ·芝麻交易所OK钱包app国际版下载-OKCoin钱包全球版v6.4.8下载2023
• ·区块链火链币
• ·10月31日国富深化价值混合C净值下跌0.04%，近1个月累计下跌4.16%
• ·火币网卖空
• ·10月31日易方达远见成长混合A净值下跌1.47%，近1个月累计上涨0.72%