News Explorer — Revolut Joins Non-crypto Companies in Considering Stablecoin Issuance Amid Changing Regulations and Market Trends

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Jun 19, 6:05 pm

Decrypt

Revolut Joins Non-crypto Companies in Considering Stablecoin Issuance Amid Changing Regulations and Market Trends

Revolut, a major neobank, is exploring the creation of its own stablecoin, following a trend of non-crypto companies considering issuing stablecoins due to shifting regulations. The London-based bank's move to launch Revolut X, a centralized crypto exchange, in 2024, has now evolved into plans for a stablecoin.

Revolut, a major neobank, is exploring the creation of its own stablecoin, following a trend of non-crypto companies considering issuing stablecoins due to shifting regulations. The London-based bank's move to launch Revolut X, a centralized crypto exchange, in 2024, has now evolved into plans for a stablecoin.

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