Revolut Offers Free 1:1 Stablecoin Conversions for Users

Revolut’s new feature enables seamless conversion between US dollars and popular stablecoins, like USD Coin (USDC) and Tether (USDT), without fees or spreads. This marks a significant step towards mainstream cryptocurrency adoption, streamlining the transition from traditional to digital assets for users across global financial markets. Revolut leverages its recent regulatory approvals in Europe to offer this feature as part of its ongoing efforts to enhance crypto services. 1:1 stablecoin conversions enable users to exchange up to $578,630 per month without additional costs. This move aims to simplify the process of moving between fiat and cryptocurrency, reducing friction and costs typically associated with such transactions.