Revolut and Robinhood are exploring stablecoin opportunities, motivated by the success of PayPal’s stablecoin launch.
The upcoming EU MiCA regulations may present hurdles for these companies, requiring compliance with strict standards to enter the market.
With Tether currently dominating the stablecoin sector, the MiCA regulations could open the door for new players like Revolut and Robinhood to gain significant market share.
The entrance of Revolut and Robinhood into the stablecoin market represents a potential turning point in the sector, especially with the implementation of EU MiCA regulations.