Revolut to launch euro-pegged stablecoin to compete in digital asset market

Revolut is entering the stablecoin market with a euro-denominated digital asset, signaling a strategic shift toward integrating blockchain-based payment rails into its banking infrastructure. It remains uncertain how the company will navigate evolving EU regulatory frameworks like MiCA, but the move highlights a broader trend of fintech firms adopting stablecoins to reduce cross-border settlement costs.