Polygon’s Open Cash Stack Permits Regulated Fintechs Like Revolut to Scale Stablecoin Funds with Seamless, Low-cost Blockchain Settlement
March twenty sixth 9AM ET – Polygon Labs at this time introduced that Revolut, Europe’s largest digital financial institution with greater than 65 million clients worldwide, has crossed $1.2 billion in cumulative transaction volume on Polygon – a milestone that contributed to Polygon closing the month as the number one blockchain network by transaction rely, underscoring the accelerating shift of on a regular basis funds onto blockchain rails.
Regardless of a long time of innovation, correspondent banking stays sluggish and dear for cross-border transfers. The worldwide remittance market strikes over $905 billion yearly, but in line with the World Financial institution, sending cash throughout borders nonetheless prices a median of 6.49% of the quantity despatched, with conventional banks charging over 14%. The UN Sustainable Improvement Targets name for reducing these costs to under 3% by 2030, a goal the trade has thus far struggled to fulfill.
Revolut’s Polygon integration drastically reduces these prices for customers in the UK and the European Financial Space, who can now ship USDC, USDT, and POL settling in seconds quite than days. Polygon leads in the bottom fuel charges in comparison with different blockchains Revolut has built-in with: data show {that a} majority of the time, fuel charges are 426x costlier on Ethereum and 4x costlier on Solana. Revolut additionally affords 1:1 stablecoin-to-USD conversion with no spreads, eliminating the hidden FX margins that inflate conventional switch prices.
The milestone arrives amid a landmark interval for Revolut’s digital asset ambitions. The UK’s Monetary Conduct Authority selected Revolut to take part in its regulatory sandbox for stablecoin testing, the place the neobank will pilot a pound-denominated stablecoin designed to take care of a 1:1 peg to sterling. The choice indicators rising regulatory confidence in Revolut’s crypto infrastructure on the identical time the corporate is reportedly in early-stage discussions for a secondary share sale that might value the firm at $100 billion or extra with an eventual IPO goal of as much as $150 billion.
“Legacy banking infrastructure nonetheless makes worldwide cash motion sluggish and dear; Revolut crossing $1 billion on Polygon proves there’s a greater manner,” stated Marc Boiron, Polygon Labs CEO. “We’re not asking individuals to alter how they ship cash. We’re modernizing the settlement layer beneath it for scale, pace, and price. Similar app, identical expertise, radically higher economics.”
Current community knowledge exhibits Polygon main amongst main blockchains in stablecoin transaction exercise, main each by transaction counts and quantity. This contains more than 20 million USDC transactions processed over a single weekend.
Polygon lately introduced the acquisitions of Coinme and Sequence, and unveiled the Open Money Stack, an open, built-in set of blockchain-based fee and stablecoin companies that allow establishments to maneuver cash globally, end-to-end, by changing a fragmented internet of distributors, contracts, and APIs they navigate at this time with a single integration.
The Open Cash Stack allows establishments to construct with enterprise-grade wallets, faucet compliant on/off-ramps, seamlessly combine current funds flows, and leverage the deep stablecoin liquidity and stability of Polygon Chain. Revolut’s quantity on Polygon Chain is a direct expression of this: actual customers, actual scale, and blockchain infrastructure working invisibly beneath a well-known monetary app.
Revolut’s FCA sandbox participation additional validates the trajectory. By piloting a regulated GBP stablecoin whereas working greater than $1.2 billion in stablecoin quantity by Polygon, Revolut is constructing each the regulatory credibility and the production-scale infrastructure that institutional-grade cash motion calls for.
Revolut’s integration represents this imaginative and prescient in motion. POL, the native token of the Polygon ecosystem, is on the market for buying and selling on Revolut and Revolut X, with in-app staking providing yields of as much as 4% APY. The corporate’s fiat-to-crypto on-ramp, Revolut Ramp, helps Polygon Chain, enabling customers to switch funds straight from financial institution accounts to digital wallets.
The $1.2 billion milestone comes as Revolut’s stablecoin fee volumes surged an estimated 156% year-over-year in 2025 to roughly $10.5 billion throughout all supported chains, affirming Polygon’s place as the popular infrastructure for institutional-grade funds. Revolut, now projecting $9 billion in income and $3.5 billion in revenue for 2026, making it Europe’s most precious non-public fintech, is predicted to pursue a share sale later this yr that might worth the corporate north of $100 billion forward of an eventual IPO. As of January 2026, Polygon presently helps greater than $3 billion in stablecoin provide, processes a median of 6 million transactions per day, and delivers settlement in roughly two seconds at an average cost of $0.008 per transaction.
Revolut joins a rising roster of enterprises constructing on Polygon, together with Mastercard, Stripe, Robinhood, Seize, Calastone, Reliance Jio, Paxos, Flutterwave, and Commonplace Chartered-backed AlloyX; Paxos recently passed $1.3 billion in quantity on Polygon, a 50x quantity development in 12 months. In 2025, Polygon Chain noticed a 264% enhance in stablecoin quantity year-over-year, processing $932B whole transfers.
“This milestone displays what occurs once you mix world-class fintech with infrastructure purpose-built for scale,” stated Sandeep Nailwal, co-founder of Polygon and CEO of Polygon Basis. “Revolut’s customers don’t want to grasp blockchain. They only expertise sooner, cheaper cash motion. That invisible integration is strictly how mainstream adoption occurs.”
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About Polygon Labs
Polygon Labs is a worldwide blockchain funds firm constructing and working infrastructure to maneuver cash immediately, reliably, and at web scale, with the mission to maneuver all cash onchain. It’s constructing the Polygon Open Cash Stack, an open and built-in stack of companies and applied sciences to immediately and reliably transfer cash wherever, and put it to work. Its infrastructure has facilitated trillions of {dollars} in onchain worth switch and supported hundreds of thousands of transactions every day for a number of the globe’s largest banks, fintechs, enterprises, and client functions.
