Robinhood, Revolut Explore Entering $170B Stablecoin Sector
WEB14 hours ago · Companies from Robinhood Markets Inc.to Revolut Ltd.are considering launching stablecoins, betting that stricter regulations in Europe and elsewhere will finally loosen Tether Holdings Ltd.’s ...
Robinhood and Revolut Eye Stablecoins as MiCA Disrupts Tether
WEB2 hours ago · Robinhood and Revolut are exploring stablecoin launches to challenge Tether's EU market dominance. MiCA regulations may disrupt Tether, creating a key entry point for competitors in the stablecoin space. Despite interest, neither firm has made firm commitments; competition from firms like Ethena Labs is …
Robinhood, Revolut Reportedly Looking To Rival Tether With
WEB11 hours ago · Robinhood and Revolut reportedly exploring stablecoin launch, potentially challenging Tether's $120B dominance amid EU regulatory changes. Stablecoins gain traction as payment method, with Tether ...
Robinhood, Revolut Explore Joining $170 Billion Stablecoin Market
WEB13 hours ago · As the value of USDT in circulation rose in tandem with interest rates, the profit Tether earned mainly from the reserves backing it hit $5.2 billion in the first half of 2024, according to Tether.
Fintech giants Robinhood and Revolut eye stablecoins | Fortune
WEB12 hours ago · Companies from Robinhood Markets Inc. to Revolut Ltd. are considering launching stablecoins, betting that stricter regulations in Europe and elsewhere will finally loosen Tether Holdings Ltd.’s ...
Robinhood, Revolut eye entry into stablecoin market — Report
WEB10 hours ago · Tether’s market share growth has translated into more revenue. The stablecoin issuer reported record-breaking profits of $5.2 billion in the first half of 2024, as well as a larger stockpile of ...
Revolut Hits 10 Million U.K. Customers Amid Talk Of Stablecoin
WEB6 days ago · Crypto-native firms Tether Tether and Circle dominate the stablecoin market, but many crypto traders welcome the news that fintech firms are joining the fray. In July, Revolut said it had received ...
Robinhood, Revolut Reportedly Explore Launching Stablecoins
WEB1 day ago · Trading brokerage Robinhood and digital banking app Revolut are considering launching stablecoins, Bloomberg reported, moves that could take market share from Tether and other top stablecoin issuers. Stablecoins are a type of crypto token whose values are tied to government-issued currencies, such as a dollar. Used mainly by crypto investors, they have reached $173 billion in market
Fintech Giant Revolut Said to Be Planning Stablecoin
WEBSep 18, 2024 · The highly lucrative stablecoin sector, dominated by Tether's USDT with a market cap of about $119 billion, has seen a growing crop of new entrants.
Robinhood, Revolut eye entry into stablecoin market — Report
WEBTether’s market share growth has translated into more revenue. The stablecoin issuer reported record-breaking profits of $5.2 billion in the first half of 2024, as well as a larger stockpile of ...
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