Revolut has eliminated all fees and spreads when converting between USD and two major stablecoins USDT and USDC allowing its 65 million global users to exchange up to €500,000 every 30 rolling days at exact 1:1 0 move removes traditional friction points in moving between fiat and crypto replicating the company’s decade-old approach to foreign exchange that made transparent currency conversion a standard expectation for digital banking 1 Bashlykov
Head of Product Crypto at Revolut announced the feature on LinkedIn emphasizing that users will receive exactly $1.00 in stablecoins for every $1.00 in cash and vice 2 service supports transfers across six blockchain networks including Ethereum
Solana and Tron providing fee-less on-ramp and off-ramp capabilities that eliminate the markup typically charged by exchanges and trading platforms.) July 30 2025 Revolut currently serves 60 million customers globally
with 12 million based in the UK though crypto services remain suspended in the United States since October 2023 due to regulatory 3 and CEO Nik Storonsky secured new investment in 2024 through a secondary share sale at a $45 billion implied 4 reports also suggest the company is in talks for a $1 billion fundraising round that would value the fintech at approximately $65 5 company is also reportedly considering a dual listing in London and New York which could position it among the top 15 most valuable firms on the London Stock Exchange and make it the first company to simultaneously join the FTSE 100 and list in New York.
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