Revolut and Polygon Connect Conventional and Digital Finance with $690 Million Stablecoin Initiative

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Revolut and Polygon Connect Conventional and Digital Finance with $690 Million Stablecoin Initiative

Bitget-RWA2025/11/18 21:08

By:Bitget-RWA

- 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

began in December 2024

, has already handled more than $690 million in transactions by November 2025, representing a major milestone in the mainstream use of blockchain for daily financial activities. Through this integration, Revolut’s 65 million customers in 38 countries can now send, receive, and exchange stablecoins such as

USDC

and

USDT

with low fees and almost instant transaction speeds

as per financial disclosures

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

POL

, and earn up to 4% APY by staking. The service also features fiat-to-crypto conversion via Revolut Ramp, allowing for easy movement between conventional and digital currencies

as noted by Polygon

Revolut and Polygon Connect Conventional and Digital Finance with $690 Million Stablecoin Initiative image 0

Polygon’s recent Rio upgrade, which

boosted network throughput

, further enhances the scalability of this partnership.

Marc Boiron, CEO of Polygon Labs, highlighted the integration’s importance in connecting traditional finance with decentralized solutions. “

By making blockchain payments seamless for users

, we are seeing the evolution of financial services,” he commented. This initiative also fits into Polygon’s broader goal of becoming a global payments backbone, with other prominent partners such as Stripe, Flutterwave, and Reliance Jio

according to industry reports

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

as stated in financial news

. This integration also supports Revolut’s regulatory advancements, such as its recent MiCA license approval in Cyprus, potentially setting the stage for its own stablecoin offering

according to crypto industry experts

The partnership’s achievements are reinforced by Polygon’s expanding influence in stablecoin transactions. The network currently manages $3.6 billion in stablecoins, with

more than 153 million transactions

recorded in the past month. Aishwary Gupta, Polygon’s global payments lead, stressed the project’s commitment to regulatory standards, saying, “

We aim to demonstrate to regulators

what blockchain-powered payments can achieve.”

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

as outlined in the official announcement

. As more traditional financial players adopt blockchain technology, this partnership marks a move toward hybrid financial systems that combine speed, cost-effectiveness, and regulatory adherence.

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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