Revolut is working on Stablecoin? – Bankier.pl

Everyone is talking about stableleins, from retailers to banks. Revolut can also be in a group of those interested in creating their own stable cryptocurrency. He reports this, citing your own sources, DECRYPT.

According to Decrypt, rumors about the adjectives for Stablecoin emissions by Revolut have been circling the market for several months. The sources of the website claim that the bank is now conducting talks with at least one of the companies operating in the world of cryptoctives.

Revolut does not comment on reports and emphasizes that in our region it focuses on developing a classic bank offer and creating subsequent branches of its bank.

Stable cryptocurrencies are now favored by winds both in Europe and in the United States. The European Union introduced a set of regulations (MICA), which directly define several types of assets associated with the official currency or currency basket (EMT and Art tokens respectively). In the USA in recent days, the Senate passed the act called Genius, which creates the foundation for the development of Stablecoin.

Stable cryptocurrencies attracting the greatest attention are tokens emitted in the “one to one” relationship based on reserves in the official currency (e.g. American dollars). One of their applications may be support for payments and international messages. Such an instrument would therefore be part of the Revolut profile, while giving you the option to create a new source of income, including investing reserves that are the basis of emissions.

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