Revolut Unveils Stablecoin: Accelerating Crypto Integration

Revolut, the world's leading neobank serving 55 million individual customers and 500,000 businesses in 160 countries, is actively considering issuing its own stablecoin, according to sources from #Decrypt . This move reflects the trend of major companies like Amazon, Walmart, and Bank of America entering the stablecoin market, which has reached a market capitalization of $251 billion (DefiLlama).

#Revolut , valued at $48 billion, launched the Revolut X crypto exchange in the EU in 2024 and is currently negotiating with at least one local crypto company to deploy a stablecoin. Stablecoins, pegged to the USD, help reduce transaction fees, accelerate cross-border payments, and provide yields from reserve assets. Companies like Tether (USDT) and Circle ($USDC ) have seen great success with this model.

The rise of stablecoins is driven by the GENIUS Act, which establishes a legal framework for stablecoins in the US, expected to be signed into law by President Trump in August 2025. However, Senator Elizabeth Warren warns of privacy risks and competition from Big Tech's stablecoins. Revolut is committed to expanding its crypto services with a compliance-focused approach, strengthening its position in the digital financial ecosystem.

This move could enhance liquidity for stablecoins, boosting DeFi applications and payments on blockchains like $SOL (TVL $9.8 billion) and $ETH (TVL $46 billion). With the participation of financial giants, the global crypto market promises to explode, and investors need to be mindful of legal risks and price volatility.

The information in this article is for reference only and is not investment advice.