On October 30, 2025, Revolut, the British neobank serving 65 million users across 48 countries, introduced 1:1 conversions between USD and stablecoins like USDC and USDT, allowing up to €500,000 (~$578,630) every 30 rolling days with no fees or spreads, per Cointelegraph and. Leonid Bashlykov, Revolut’s Head of Crypto, announced the feature on LinkedIn, stating, “Today marks the day we remove all anxiety and friction of moving between fiat and crypto. 1:1 Stablecoins by Revolut $1.00 means $1.00.” Supported across six chains, including Ethereum, Solana, and Tron, the tool enables seamless on/off-ramping. Revolut’s crypto holdings grew 66% to $35 billion in 2024, with monthly transactions surging, per.
The launch aligns with Revolut’s compliance-first strategy, following its MiCA license from Cyprus in September 2025, enabling regulated services in 30 EEA countries, per. Bashlykov emphasized the feature’s role in eliminating on/off-chain pain points, internally covering spreads to maintain 1:1 pegs, per. Elbruz Yılmaz, managing partner at Outrun VC, highlighted its value for SMBs in volatile economies like Turkey, where it reduces FX losses and SWIFT fees, turning stablecoins into “working capital infrastructure.”. X posts from @LeonidBashlykov underscore the innovation’s focus on accessibility for everyday users and businesses, per.
Revolut’s move signals fintechs’ warming to crypto, with Western Union announcing a Solana-based stablecoin settlement system using USDPT for remittances by H1 2026, per. Zelle’s parent launched stablecoins for faster cross-border payments in late September 2025, while MoneyGram integrated a USDC wallet in Colombia in mid-September, per. SWIFT is building a blockchain platform for stablecoin and tokenized asset transfers, per. These developments, amid $275B global stablecoin market, challenge traditional finance, with USDC and USDT dominating 99% share, per. Ripple’s RLUSD, backed by cash reserves and live on Revolut since February 2025, adds to the ecosystem, per.
The rule enhances USDC and USDT utility, potentially boosting adoption in DeFi and remittances, with Revolut supporting 200+ tokens and crypto payments since 2017, per. BTC ($113,234) and ETH ($4,070) dipped amid profit-taking, but stablecoin stability offers yield refuge, per CoinMarketCap. Investors can leverage Revolut for fee-free swaps and monitor FATF Travel Rule compliance via GTR and TRUST per. Dollar-cost average into USDC for a 5–10% APY in DeFi, with stop-losses below BTC’s $112,000, per TradingView. Follow @TheBlock__ on X for fintech-crypto updates. This shift could propel the stablecoin market cap to $500B by 2026, per.
