$MASKS

British financial services company Revolut, which offers cryptocurrency trading services, plans to launch its own stablecoin.  The company, which received a UK banking license in July and is valued at $45 billion this year, is apparently in the final stages of creating this stablecoin.  Rolot's spokesperson stated that the company plans to expand its digital currency services with a regulatory approach.  The lucrative stablecoin market, led by Tether with a market capitalization of around $119 billion, has seen the entry of new players.  PayPal released its stablecoin last year, and Ripple and BitGo are also planning to enter this arena.  Roulot has provided the possibility of buying and selling digital currencies in its application since several years ago.

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