Revolut has integrated Polygon as its primary infrastructure for stablecoin payments and trading. This collaboration aims to bring efficient, low-cost blockchain transactions to Revolut’s vast user base across the UK and European Economic Area (EEA). The area receives over $690 million in Polygon-based trading volume on the Revolut app since December 2024.
Polygon Integration Enables Stablecoin Remittances and Payments
The integration allows Revolut users to send and receive USDC and USDT stablecoins directly within the Revolut app via the Polygon network. Customers can also transact using POL, Polygon’s native token. Transfers settle in seconds with minimal fees, greatly reducing the friction and cost traditionally associated with cross-border payments.
For users, this means global transfers and payments now function as seamlessly as sending a message. This eliminates lengthy settlement times and the need for third-party intermediaries.
Remittances using stablecoins are now offered as a regulated service, with compliance features tailored for UK and EEA requirements. Revolut’s platform supports instant onboarding from bank accounts to Polygon and lets users off-ramp to fiat or pay directly with crypto through the in-app card feature.
Beyond payments, Revolut’s integration establishes Polygon’s native token, POL, as a core asset within its suite of crypto services. Users can buy, sell, and trade POL, and stake the token in the app for yields up to 4% APY. With the Revolut Ramp feature, customers can move between their bank and Polygon sidechain environments. By doing this, it streamlines access to decentralized finance applications and assets.
On a technical level, this move leverages Polygon’s Rio protocol upgrade. This supports high throughput and near-instant finality for the millions of users who process payments, remittances, and trades on the Revolut platform every month.
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