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)

• ·电商印花税怎么算
• ·梦网科技发生1笔大宗交易，折价率为3.02%
• ·公司承租库房需交印花税吗
• ·派币国际频道-关注派币的全球发展
• ·拍拍贷散标逾期怎么办？有什么办法能够补救吗。
• ·“A股游戏王”世纪华通三季报营收刷新上市纪录，历史最佳业绩由何而来？
• ·谷歌亮出AI搜索“王牌”！要把你问的问题拆开搜索，还能现场对话
• ·博雅生物发生1笔大宗交易，溢价率为19.47%
• ·火币网美元提现
• ·cocos钱包下载-cocos钱包官网
• ·天莱特币软件下载-ltc莱特币下载
• ·奈拉支付平台
• ·有什么特产什么好酒
• ·华力创通收盘跌0.39%，主力资金净流出8076.23万元
• ·歌词什么什么雾霾
• ·10月31日金信精选成长混合C净值增长4.01%，近3个月累计上涨16.75%