Revolut Banking Fintech launches 1:1 Stablecoin conversion service

robot
Abstract generation in progress

Revolut, a digital bank based in the UK with over 65 million customers in 48 countries, has just launched a 1:1 exchange feature between USD and stablecoins USDC/USDT. Users can exchange up to €500,000 in each 30-day cycle without incurring fees or exchange rate spreads.

Revolut supports over six blockchain networks such as Ethereum, Solana, and Tron, enabling flexible and quick deposits and withdrawals of stablecoins. This move follows Revolut's strategy to expand its digital asset offerings, after launching a cryptocurrency exchange in Europe and exploring the issuance of its own stablecoin. With a direct 1:1 conversion, Revolut is bridging the gap between traditional finance and cryptocurrency, making cross-border transactions more stable, transparent, and accessible.

USDC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)