Digital banking giant Revolut is exploring its own stablecoin issuance plan

BlockBeats News: On June 20th, according to Decrypt, London based digital banking giant Revolut is actively exploring its own stablecoin issuance plan. Revolut serves 55 million individual users and 500000 corporate clients in 160 countries worldwide, with a recent valuation of $48 billion. Revolut launched the EU encrypted trading platform Revolut X in 2024, and two sources confirmed that Revolut has entered into cooperation talks with at least one native cryptocurrency company regarding its stablecoin program.