Digital Bank Giant Revolut is Exploring a Proprietary Stablecoin Issuance Plan

BlockBeats News, June 20th, according to Decrypt's report, London-based digital banking giant Revolut is actively exploring its own stablecoin issuance plan. Revolut serves 55 million individual users and 500,000 business customers in 160 countries worldwide, with a recent valuation reaching $48 billion. In 2024, it launched the Revolut X encrypted trading platform in the EU area. Two sources confirmed that Revolut has been in talks with at least one native cryptocurrency company regarding the stablecoin plan.