Revolut is working with Ethereum overlay system provider Polygon Labs to enable its customers in the UK and EEA to make crypto remittances in USDC, USDT and POL, via the Polygon blockchain and the Revolut app.
The European fintech giant, which serves more than 65 million users in 38 countries, began enabling stablecoin transfers through the Polygon integration in December 2024 and has since processed more than $690 million in Polygon-based transactions, with near-instant transfers and minimal gas fees, according to a Tuesday press release.
“Revolut is now activating support for USDC and USDT on Polygon for customers,” a Revolut spokesperson told CoinDesk in a Telegram message. “This is the first time those assets are live within Revolut on Polygon and the first time users can send/receive them.”
Revolut joins a growing number of institutions integrating with Polygon for money movement, including Stripe, Flutterwave, DeCard by DCS, Reliance Jio and many others, underscoring Polygon’s foundation as a global financial infrastructure.
“This integration with Revolut represents exactly the kind of real-world utility for everyday people that we have been building,” said Marc Boiron, CEO of Polygon Labs. “By making blockchain payments invisible to the end user, integrating them with everyday traditional payment experiences, and delivering superior speed and cost-effectiveness, we are seeing the future of finance unfold,” he said.
Revolut’s remittance product applies to non-EU countries when referring to the EEA, a Revolut representative confirmed, taking into account the EU’s regulatory approach to certain stablecoin providers, including Tether’s USDT.
