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：个股)

• ·本周瑞波币（XRP）价格预测
• ·公积金贷款失败怎么办？我申请的贷款审核不通过啊。
• ·Bithumb韩元市场上线SXT，投资者关注焦点
• ·怎么挖到比特币
• ·现货黄金跌破3200美元关口创近一个月新低
• ·正海磁材收盘涨1.94%，主力资金净流出1.02亿元
• ·自然人电子税务局如何更正生产经营所得
• ·以太币平台芝麻交易所交易所下载-芝麻交易所去中心化v6.5.7官方授权下载
• ·专访 Hyperion CTO Mingxi：Aptos 上的流动性引擎崛起
• ·广合科技(001389.SZ)：AI PC产品已根据客户需求有小批量出货
• ·恒星币行情网-恒星币行情网最新消息
• ·2018年住房公积金贷款的最新政策是什么呢？
• ·最新数字币价格-最新数字币价格走势
• ·昆仑万维收盘跌0.66%，主力资金净流出1.73亿元
• ·请问征信会影响公积金贷款吗？
• ·BOSS直聘-W(02076)根据首次公开发售后股份计划购买合共33.33万股A类普通股