Robinhood, Revolut Explore Entering $170B Stablecoin Sector
WEB1 day 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
WEB1 day ago — Bloomberg reports that Robinhood and Revolut, two massive fintech firms, are considering entering the stablecoins market. The two companies hope to loosen Tether’s overwhelming dominance in the stablecoin market. Neither company has officially made firm commitments on the subject, and no employees have spoken on the record.
Robinhood, Revolut Explore Joining $170 Billion Stablecoin Market
WEB1 day 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.
Robinhood, Revolut Reportedly Looking To Rival Tether With
WEB1 day 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 ...
Fintech giants Robinhood and Revolut eye stablecoins | Fortune
WEB1 day 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 Plans to Enter the Stablecoin Market: Can It Challenge …
WEB23 hours ago — A Robinhood spokesperson said that the company has “no imminent plans to launch this offering.” Tether, with a market cap of about $120 billion, dominates the $170 billion stablecoin market.
Robinhood Markets mulls potential launch of its own stablecoin
WEB1 day ago — Robinhood Markets (NASDAQ:HOOD) is exploring launching its own stablecoin, according to a media report dated Thursday, a move that may position the company to take some market share from Tether's ...
Robinhood Markets mulls potential launch of its own stablecoin
WEBRobinhood Markets (NASDAQ:HOOD) is exploring launching its own stablecoin, according to a media report dated Thursday, a move that may position the company to take some …
Robinhood, Revolut eye entry into stablecoin market — Report
WEB1 day 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 ...
Robinhood and Revolut to Challenge Tether's Stablecoin …
WEB1 day ago — Crypto trading platform Robinhood and fintech company Revolut are exploring the launch of their own stablecoins, according to a Bloomberg report. This potential move comes as European regulators prepare to implement new rules. The changes could weaken Tether's dominance in the $170 billion stablecoin market. Theoretically, of course.