Data: Revolut Has Processed Over $1.2 Billion in Stablecoin Cross-Border Transfers via Polygon

Odaily News Polygon has officially announced that Revolut's transaction volume on its chain has exceeded $1.2 billion. This European fintech company is further deepening its commitment to blockchain. Revolut had previously submitted applications to the U.S. Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), seeking to obtain a U.S. national bank charter to operate under the name Revolut Bank US, NA. If granted the charter, Revolut would gain direct access to the Fedwire and ACH systems, be able to offer FDIC-insured deposit services, and operate across all 50 states under a unified federal framework.