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)

• ·矿场用电价格-矿场用电价格标准
• ·请问平安新易贷逾期有什么后果？我在平安新易贷逾期2天了。
• ·长期待摊费用是当月摊销吗
• ·10月31日中银证券优选行业龙头混合C净值增长1.15%，近3个月累计上涨8.55%
• ·火币提现手续费
• ·今年股票涨幅-今年股票涨幅前十名
• ·瓮先查什么再查什么
• ·10月31日嘉实远见先锋一年持有期混合A净值增长0.19%，近3个月累计上涨25.45%
• ·未认证发票入账怎么写分录
• ·10月31日国投瑞银瑞祥C净值下跌0.06%，近1个月累计上涨0.37%
• ·请问曹操贷下款容易吗？想在曹操贷上申请贷款。
• ·什么用什么天气-什么用什么天气来形容
• ·拍拍贷月月涨是什么，有了解这个产品的吗?
• ·股票正t-股票正t和反t的区别
• ·什么什么的冰雹-什么什么的冰雹填空词语
• ·龙山什么后 天气什么