Revolut Launches Its Own Euro Stablecoin, Weeks After Dropping Tether

Summary

Fintech company Revolut has announced the launch of its own euro-denominated stablecoin, just weeks after discontinuing support for Tether. This move signals Revolut's active push into the European stablecoin market and could compete with Circle's EURC. The new stablecoin aims to offer a compliant,…

Key points

Tracking the competitive landscape of stablecoin markets, understand how fintech giants are entering the European stablecoin arena.
Revolut's stablecoin launch could reshape the European payment market and intensify stablecoin competition.
Users will have more stablecoin choices, but should watch liquidity and adoption of the new stablecoin.

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