Revolut Launches Stablecoin Transfers via Polygon Network for Enhanced Global Payments

Financial technology firm Revolut has partnered with Polygon Labs to integrate stablecoin transfers, offering a more efficient and cost-effective way for users to send money globally. This partnership allows over 65 million Revolut users to make transactions across 38 countries with reduced fees. Revolut’s recent integration leverages Polygon’s Layer 2 scaling solutions, increasing transaction volume by $690 million and facilitating smoother cross-border payments. This move is particularly significant as Polygon’s transaction volume has surged since the integration.