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：市场数据)

• ·Arbitrum Ecological DeFi Project DeltaPrime Hacked with 6 Million Magnesium Due to Private Key Leakage
• ·10月31日鹏华品牌传承混合净值下跌0.47%，近1个月累计下跌5.6%
• ·以太坊以后价格-以太坊以后价格预测
• ·10月31日诺德价值优势混合净值下跌1.29%，近1个月累计下跌6.21%
• ·FTX 索賠網站開放 STEP 7 稅務登記程序，簡易教學快速完成
• ·10月31日天弘创新领航A净值下跌0.29%，近1个月累计上涨2.48%
• ·股票除权配股-股票除权配股是什么意思
• ·10月31日前海开源盈鑫A净值下跌0.38%，近1个月累计下跌2.51%
• ·CryptoQuant: Bitcoin exchange deposit addresses reach multi-year low, indicating possible easing of selling pressure
• ·meme币app最新版下载 meme币最新版最新官方公告
• ·Bancor控告Uniswap八年侵权AMM专利，遭反击：浪费资源
• ·10月31日银河行业混合A净值增长0.23%，近3个月累计上涨18.9%
• ·再质押链上专题报告：参与人数自2月来下降90%，每日不足1000人
• ·10月31日兴证全球合瑞混合A净值下跌0.14%，近1个月累计下跌2.24%
• ·比特币未平仓合约创新高 多头蓄势待发冲刺新高点
• ·10月31日广发港股通优质增长混合A净值下跌0.57%，近1个月累计下跌3.62%