Data: Revolut has processed over $1.2 billion in stablecoin cross-border transfers through Polygon

Polygon officially announced that Revolut's trading volume on its chain has surpassed $1.2 billion, further deepening this European fintech company's investment in blockchain.

Revolut has previously submitted applications to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, seeking to obtain a national bank charter to operate under the name Revolut Bank US, NA. If granted the charter, Revolut would be able to directly access the Fedwire and ACH systems, provide FDIC-insured deposit services, and operate across all 50 states under a unified federal framework.