Revolut and Polygon Connect Conventional and Digital Finance with $690 Million Stablecoin Initiative
- Revolut partners with Polygon to enable stablecoin payments, processing $690M in transactions via blockchain infrastructure. - 65 million users across 38 countries can now send/receive USDC/USDT with low fees and instant settlements through the integration. - The collaboration supports crypto trading, staking (up to 4% APY), and fiat-to-crypto on-ramps, aligning with Polygon's global payments strategy. - Revolut's MiCA license in Cyprus and Polygon's $3.6B stablecoin network highlight regulatory progress
Revolut Launches Stablecoin Payments Through Polygon Integration
Revolut, the largest neobank in Europe, has strengthened its foothold in the cryptocurrency sector by adopting Polygon’s blockchain to facilitate stablecoin transactions and remittances. This collaboration, which
With this partnership, Revolut users are able to utilize Polygon’s network to move stablecoins, make purchases with crypto, trade the platform’s native token
Marc Boiron, CEO of Polygon Labs, highlighted the integration’s importance in connecting traditional finance with decentralized solutions. “
Revolut’s initiative reflects the increasing trust institutions have in blockchain technology. The fintech leader, which serves 14 million crypto customers, is broadening its digital asset services across Europe, including the launch of its independent crypto exchange, Revolut X, now accessible in all 30 EEA nations
The partnership’s achievements are reinforced by Polygon’s expanding influence in stablecoin transactions. The network currently manages $3.6 billion in stablecoins, with
The collaboration between Revolut and Polygon is set to grow, with future plans including cross-border money transfers, digital asset management, and deeper Web3 integration
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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