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Revolut Enters Stablecoin Race: New Challenger to PayPal, Ripple, and BitGo

Revolut, a digital banking app, has entered the stablecoin market by adding support for fiat-pegged tokens. With over $150 billion in assets, stablecoins such as Tether’s USDT and Circle’s USDC are already a significant part of the cryptocurrency market. Revolut aims to tap into this growing trend and capture a share of the stablecoin market.

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