Fintech company Revolut has partnered with Polygon to enable crypto-based payments and remittances for users across Europe. The companies announced the integration on Tuesday.
Revolut says the service, which launched in December 2024, has already processed more than $690 million in transactions through the Polygon network. The update brings stablecoin transfers to Revolut’s 65 million users.
Customers in the UK and the European Economic Area can now send USDC, USDT, and POL on Polygon directly through the Revolut app. These transfers settle within seconds and include very low network fees.
The partnership also expands Revolut’s wider crypto services. POL, the native token of Polygon, is available for trading on Revolut and Revolut X, and users can stake the token for yields of up to 4% APY. Revolut’s fiat-to-crypto feature, known as Revolut Ramp, now supports Polygon PoS, letting customers move money from bank accounts to Web3 wallets without using external exchanges.
Polygon continues to strengthen its role in the stablecoin market. In the past 30 days, stablecoins on the network processed more than 153 million transactions, and the total stablecoin supply on Polygon has reached $3.6 billion. Other major companies using Polygon’s payment technology include Stripe, Reliance Jio, Flutterwave, and DeCard by DCS.
Polygon Labs CEO Marc Boiron said the partnership shows how blockchain payments are becoming simpler for everyday users. He noted that integrating these services into familiar financial apps helps shape the future of digital finance.
Revolut, one of Europe’s largest consumer fintech platforms and home to 14 million crypto users, says this is the first phase of a wider partnership. More Web3-focused products are expected in the future.
Both companies see the integration as a step toward improving global money transfers and connecting traditional financial services with blockchain infrastructure.
