Revolut Joins Global Stablecoin Race With Euro-Backed Token

What happened

Revolut Ltd. joined the rush among global banks and payment firms to roll out stablecoins, a bet that digital money will gain a greater role in everything from cross-border payments to business transactions.

Summary assembled by rule from the sources below

Timeline

1. 06:30
   First appeared on Bloomberg TechnologyBloomberg Technology
2. 08:25
   Discussion started on Hacker NewsHacker News

Sources