Summary
- Revolut is reportedly considering the launch of a stablecoin.
- Currently, Revolut has stated that it is in discussions with at least one crypto company regarding the matter.
- This move is viewed as part of its strategy to strengthen payment and financial services within its ecosystem.
On the 19th (local time), according to the crypto-specialized media outlet Decrypt, the London-based neobank Revolut is reportedly considering launching a stablecoin.
According to anonymous sources, Revolut is in discussions with at least one crypto company regarding the matter. However, no specific details on issuance schedule or structure have been released so far.
Previously, in 2024, Revolut expanded its crypto business by launching its own cryptocurrency exchange, 'RevolutX.' This push for a stablecoin is seen as part of a strategy to strengthen payment and financial services within its ecosystem.
JH Kim
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