Revolut Banking Fintech launches 1:1 Stablecoin conversion service

2025-10-31 01:01:18

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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.

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