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：新股)

• ·Bitfinex report: If Bitcoin market share reaches a local peak, altcoins may perform better than the overall market in the coming months
• ·Decentraland (MANA)怎么买？Decentraland (MANA)在哪里买卖交易？
• ·band币未来价格-band币未来价格预测
• ·以太坊圣诞节行情
• ·零售巨头遭遇“高度复杂且有针对性”的网络攻击，敏感客户数据泄露，损失 4.03 亿美元
• ·以太坊火币网
• ·币圈十大交易所排名 虚拟货币比特币交易平台有什么
• ·火币网注册
• ·即墨市什么天什么-明天即墨什么天气
• ·瑞波币国外交易平台
• ·热点币矿机行情
• ·Solana 势头强劲，交易员瞄准 5 月份 190 美元的目标
• ·莱特币全历史行情-莱特币历史行情走势图
• ·钞市贷款会打电话吗？
• ·流量新宠，比特币质押能否引领下一个流动性释放浪潮？
• ·多少JT等于1uSDt-1tj等于多少gj