Revolut Enlists Polygon for Stablecoin Remittances in UK and EEA

Why It Matters

The rollout brings mainstream crypto payments to a massive fintech user base, accelerating adoption of blockchain‑based remittances and underscoring Polygon’s position as a scalable, low‑cost solution for regulated financial services.

Summary

Revolut has partnered with Polygon Labs to launch stablecoin remittances on the Polygon blockchain for customers in the UK and non‑EU EEA, adding USDC, USDT and POL to its app. The integration, live since December 2024, has already processed more than $690 million in near‑instant, low‑fee transactions across Revolut’s 65 million users in 38 countries. By leveraging Polygon’s layer‑2 network, Revolut joins other financial players such as Stripe and Flutterwave in using the platform as a cost‑effective global payments infrastructure.