Revolut Hits $1.2 Billion Stablecoin Milestone on Polygon

Revolut, Europe's largest digital bank with more than 65 million customers, has processed over 1.2 billion in stablecoin transfers on the Polygon blockchain network, marking a significant milestone in the integration of blockchain technology into mainstream financial services.

The achievement, announced recently by Polygon Labs, reflects genuine user transactions rather than experimental flows and underscores the growing role of blockchain in everyday payments. In 2025 alone, Revolut's stablecoin volume across all supported networks surged 156 percent to 10.5 billion, with Polygon handling a substantial portion due to its efficiency. Transactions on the network settle in about two seconds at an average cost of 0.008 dollars, enabling users to move funds like USDC, USDT, and POL almost instantly without intermediaries.

This efficiency stands in stark contrast to traditional cross-border payment systems. Networks such as SWIFT, which rely on correspondent banking, often take up to 15 business days to process transfers and involve multiple layers of fees. According to World Bank data, global remittance costs average 6.49 percent, with some bank corridors exceeding 14 percent, well...