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：汇率)

• ·贝莱德眼中的比特币：风险和回报驱动因素与传统资产截然不同
• ·000893股票
• ·Circle 宣布與 Sony 二層網路 Soneium 展開合作，將引入 USDC 穩定幣
• ·莱特币重新夺回 90 美元的支撑位——那么是什么阻止了 LTC 升至 110 美元呢？
• ·uni币怎么挖 uni币怎么挖矿
• ·加密货币怎么挖矿 加密货币怎么挖矿赚钱
• ·卡牛信用管家贷款上征信吗？
• ·元界代币平台-元界币怎么样
• ·火币网的实名认证
• ·数字货币交易app 虚拟币app排行榜
• ·受托责任履行情况是什么意思
• ·鲸鱼地址从OKX提取6053枚ETH价值超1500万美元
• ·比特大陆钱包
• ·SUI价格受黑客攻击影响出现下跌，交易员大手笔做多
• ·coinbase是什么 coinbase是什么交易所
• ·研究生如何申请退税