Revolut, a digital bank based in the UK with over 65 million customers in 48 countries, has just launched a 1:1 conversion feature between USD and the stablecoins USDC/USDT. Users can exchange up to €500,000 in each 30-day cycle without fees or currency exchange rate differences.
Revolut supports more than six blockchain networks such as Ethereum, Solana, and Tron, enabling flexible and quick deposits and withdrawals of stablecoins. This move continues Revolut's strategy to expand its digital asset portfolio, following the launch of a cryptocurrency exchange in Europe and exploring the issuance of its own stablecoin. With the direct 1:1 conversion, Revolut is bridging the gap between traditional finance and cryptocurrency, making cross-border transactions more stable, transparent, and accessible.
Revolut supports more than six blockchain networks such as Ethereum, Solana, and Tron, enabling flexible and quick deposits and withdrawals of stablecoins. This move continues Revolut's strategy to expand its digital asset portfolio, following the launch of a cryptocurrency exchange in Europe and exploring the issuance of its own stablecoin. With the direct 1:1 conversion, Revolut is bridging the gap between traditional finance and cryptocurrency, making cross-border transactions more stable, transparent, and accessible.