Saturday, November 22

Revolut has integrated Polygon to support near-instant crypto remittances for users in the UK and European Economic Area, marking one of the largest mainstream deployments of blockchain payments by a global fintech. The integration allows Revolut customers to send USDC, USDT and POL over the Polygon network with minimal fees and faster settlement.

Revolut, which serves more than 65 million users across 38 countries, activated the capability in December 2024. Since then, the company has processed more than $690 million in Polygon-based transfers, Polygon mentioned in a press release shared with AlexaBlockchain.

Stablecoins drive new momentum for remittances

The integration expands Revolut’s broader Web3 strategy and enhances its remittance tools, which previously relied on traditional rails. Users now gain access to low-cost transfers using stablecoins, a mechanism increasingly used for cross-border money movement due to speed and predictability.

Stablecoin activity on Polygon has grown sharply. The network recorded more than 153 million stablecoin transactions in the last 30 days, while circulating supply on the chain has reached $3.6 billion. Polygon processes millions of transactions daily at fees often below a cent, positioning it as a cost-efficient blockchain for consumer-facing payments.

Deeper integration across Revolut’s crypto ecosystem

POL, Polygon’s native token, is available for trading on both Revolut and Revolut X, alongside more than 250 other digital assets. Users can stake POL inside the app and earn yields of up to 4% APY.

Polygon is also supported by Revolut Ramp, which provides a direct fiat on-ramp to Polygon wallets. The combination of staking, on-ramps, and remittance flows places Polygon among the most integrated networks within Revolut’s Web3 offering.

Marc Boiron, CEO of Polygon Labs, said the integration reflects the company’s efforts to make blockchain payments seamless for everyday users. He noted that near-invisible blockchain infrastructure paired with familiar fintech interfaces represents “the future of finance.”

Institutions increasingly adopt Polygon for payments

Revolut’s move extends a trend of global companies adopting Polygon for payments and stablecoin infrastructure. Other institutions integrating with Polygon include Stripe, Flutterwave, DeCard by DCS, Reliance Jio, and additional fintech providers seeking faster, cheaper settlement.

The integration also highlights the growing overlap between traditional financial platforms and decentralized networks. Revolut reports more than 14 million crypto users, making it one of Europe’s largest consumer gateways into digital assets. Its expansion into on-chain remittances suggests that mainstream fintechs now view blockchains like Polygon as mature enough to underpin financial services at scale.

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Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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