Revolut Introduces 1:1 USD-to-Stablecoin Swaps as Fintechs Embrace Crypto
giant, Revolut, has made a significant impact in the world of crypto and payments by introducing a new service that enables the conversion of US dollars to popular stablecoins, such as USDC and USDT, at a 1:1 rate. With this new option, 65 million customers can platform up to $578,630 per 30 days without paying any fees or spreads.
This makes it one of the easiest ways for people to move from fiat to crypto. The company states that this change is designed to make it easier and less stressful to switch between traditional money and digital assets, ensuring that $1 always equals $1 for customers.
Strong Infrastructure and Approval From Regulators
Leonid Bashlykov, the head of Revolut’s crypto product, said that the conversion works for six supported chains, not just one. These cryptocurrencies are , Solana, and Tron. This ability to work with multiple chains implies that users can securely and affordably access the entire blockchain ecosystem.
This is a critical feature as decentralized economies grow. The Cyprus Securities and platform Commission recently gave Revolut the green light to operate under the .
The license now lets Revolut offer secure, regulated crypto services in 30 countries in the European Economic Area. This makes it even more of a leader in compliant financial technology.
Effects on Businesses Around The World and in Emerging Markets
Experts in the field say that Revolut’s 1:1 conversion is beneficial for small and medium-sized businesses (SMBs) operating in areas with unstable economies, such as Turkey.
When you convert fragile local currencies to US dollars the old-fashioned way, you usually lose money because of alarming platform rates, costs, and delays in getting the money.
Revolut provides small and medium-sized businesses (SMBs) with shorter capital cycles, reduced losses from foreign currency fluctuations, and improved treasury management by making it simple and straightforward to access stablecoins. The firm maintains the 1:1 ratio by covering spreads on the back end, as long as the stablecoins stay pegged to the dollar.
Revolut’s action comes at a time when stablecoins are being rapidly added to payment platforms worldwide. Western Union is developing a stablecoin settlement system on Solana, which will utilize its own USDPT token and is scheduled to launch in 2026. Other companies, like Zelle and , are also getting involved.
The business that owns Zelle aims to utilize stablecoins to expedite cross-border payments, and MoneyGram is introducing a wallet in Colombia. Even SWIFT, a long-standing player in the market, is working on blockchain-based infrastructure for settling stablecoins and tokenized assets.
What to Expect in the Future: Stablecoins as Financial Infrastructure
Revolut is expanding its connection between traditional banking and by introducing support for over 200 tokens and a “pay-with-crypto” functionality for everyday purchases.
The company’s drive to make stablecoins a routine part of working capital, rather than just speculative tools, is part of a larger trend: fintechs worldwide are using digital assets as the basis for future financial services.
