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Data: Revolut has processed over $1.2 billion in stablecoin cross-border transfers through Polygon
Mars Finance reports that Polygon officially announced Revolut’s on-chain transaction volume has exceeded $1.2 billion. This European fintech company has further deepened its investment in blockchain. Revolut previously submitted applications to the U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation to obtain a U.S. national bank license, operating under the name Revolut Bank US, NA. If granted the license, Revolut will be able to directly access the Fedwire and ACH systems, offer FDIC insured deposit services, and conduct business across all 50 states under a unified federal framework.