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Revolut mulls stablecoin launch, following in PayPal’s footsteps

Article by Grace Broadbent  |  Sep 19, 2024
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Revolut mulls stablecoin launch, following in PayPal’s footsteps
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Digital Payments
United Kingdom

The news: Revolut is reportedly preparing to launch a stablecoin, per CoinDesk.

The bigger picture: The fintech has a long history with the crypto sector.

After scaling back some of its crypto offerings in the UK and fully halting its crypto operations in the US due to regulatory hurdles in 2023, it’s been ramping up its offerings again in the UK.

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