As Revolut files for a U.S. national bank charter, its Polygon integration has quietly become a proof point of stablecoin payments. Revolut has crossed $1.2 billion in cumulative stablecoin volume on Polygon. Gas fees for Revolut transactions on Ethereum are typically 426 times higher than Polygon, and those on Solana are about four times higher. Revolut’s stablecoin payment volumes grew an estimated 156% year-over-year in 2025 to $10.5 billion across all chains.
Recently, Revolut filed applications with the U.S. Office of the Comptroller of the Currency and the FDIC for a U.S. national bank charter, to operate as Revolut Bank US, N.A. The charter, if granted, gives Revolut direct access to Fedwire and ACH, the ability to offer FDIC-insured deposits, and the ability to operate across all 50 states under a single federal framework. It opens lending, credit cards, and net interest margin, the core revenue streams of traditional banking. The relevance to Polygon: a chartered U.S. bank running blockchain-based settlement infrastructure is a different kind of proof point than a fintech integration.
Revolut piloting a GBP stablecoin through the UK’s FCA regulatory sandbox while simultaneously running over $1.2 billion in production volume on Polygon sends a clear signal about where regulated digital money movement is heading. PART OF A LARGER STACK Polygon recently unveiled the Open Money Stack: an integrated set of services for institutions moving money globally. It covers enterprise-grade wallets, compliant on- and off-ramps via Coinme (which is being acquired by Polygon, subject to regulatory approval), cross-chain payment orchestration, and stablecoin settlement on Polygon Chain. The idea is to replace the fragmented web of vendor contracts, API integrations, and compliance arrangements that most fintechs navigate today with a single, end-to-end integration point.
On-ramp, custody, settlement, and off-ramp, all coordinated rather than cobbled together. Revolut’s architecture on Polygon is what that vision looks like when it runs at scale. Paxos tells a similar story: $1.3 billion in volume on Polygon, 50x growth in 12 months. Flutterwave, Stripe, Mastercard, Calastone, and Reliance Jio are others that have each chosen Polygon as infrastructure for payments and stablecoin settlement.
In 2025, stablecoin volume on Polygon Chain grew 264% year-over-year. The network processed $932 billion in total transfers. Polygon now supports more than $3 billion in stablecoin supply. WHAT IS $1.2 BILLION IN THE FACE OF TRILLIONS? This is just the beginning. Polygon has already processed more than $2.4 trillion in stablecoin volume.
Legacy cross-border money movement remains expensive and operationally fragile. Even with SWIFT gpi, where nearly all payments settle within 24 hours, traditional banks embed an FX markup of 2-5% above the mid-market rate on every cross-currency transaction, a cost that stablecoin settlement largely eliminates. Revolut’s Polygon integration is a working demonstration that the target is achievable, at production scale, right now. Not with a different regulatory regime or a decade of infrastructure build, but with Polygon as a settlement layer that already exists. The $1.2 billion is only a taste of what’s next. Learn more about how the Open Money Stack enables institutions to build global stablecoin payment infrastructure and get early access, here.
The integration covers more ground than transfers. Inside the Revolut app, users can send and receive USDC and USDT over Polygon for cross-border payments and remittances. Stake POL, the native gas fee for Polygon Chain, with staking yields up to 4% APY. On-ramp from bank accounts directly to Polygon wallets via Revolut Ramp. Spend stablecoins at point of sale with a Revolut crypto card.
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