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Revolut reportedly exploring launch of its own stablecoin

From thepaypers.com

Revolut has reportedly engaged in talks to develop a stablecoin, as regulatory changes support wider interest in the digital currency sector. According to decrypt.co, discussions have reportedly taken place with at least one firm operating in the cryptocurrency sector, although the neobank has not officially confirmed the plans. The reported move comes as a number of major companies, both within and outside the financial sector, consider entering the stablecoin space in the context of evolving regulatory conditions. Momentum for digital currencies tied to fiat value has grown following recent legislative developments ... (full story)

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