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Revolut Empowers SMBs by Converting Stablecoins to Working Capital with Zero-Fee USD Exchanges

Revolut Empowers SMBs by Converting Stablecoins to Working Capital with Zero-Fee USD Exchanges

Bitget-RWA2025/10/31 11:26
By: Bitget-RWA
- Revolut launches fee-free 1:1 USD-stablecoin swaps (USDC/USDT) across six blockchains, backed by MiCA compliance. - Service targets SMBs in volatile-currency markets, eliminating 0.8%-1.5% conversion losses and SWIFT fees. - USDC's 72% YTD growth (to $74B) highlights demand for MiCA-compliant stablecoins over USDT in regulated markets. - Revolut's $1.1B 2024 earnings and crypto ecosystem expansion align with global trends in stablecoin adoption.

Revolut Introduces No-Fee 1:1 Stablecoin-to-USD Exchange

Revolut, a leading global fintech company with a user base of 65 million, has rolled out a 1:1 conversion service between stablecoins and U.S. dollars without any fees, spreads, or hidden charges for crypto deposits and withdrawals. This new feature, named "1:1 Stablecoins by Revolut," lets customers swap up to $578,630 every 30 days at full value, as shared by Leonid Bashlykov, Revolut’s head of crypto product, in a

. The service is compatible with Circle’s and Tether’s across six blockchain networks, such as , , and , and is supported by Revolut’s recent Markets in Crypto-Assets (MiCA) authorization from regulators in Cyprus.

Revolut Empowers SMBs by Converting Stablecoins to Working Capital with Zero-Fee USD Exchanges image 0

This initiative targets a major challenge faced by small and medium-sized businesses (SMBs) in regions with unstable local currencies. Venture capitalist Elbruz Yılmaz from Outrun pointed out that Turkish SMBs typically lose 0.8% to 1.5% when converting their currency to USD, in addition to SWIFT charges and exchange rate slippage. By removing these barriers, Revolut’s 1:1 swaps could help stablecoins serve as “working capital infrastructure,” allowing for quicker business cycles and minimizing foreign exchange losses, according to the Cointelegraph article.

This approach from Revolut reflects a wider movement toward stablecoin usage.

analysts observed in a that USDC, which is supported by Revolut, has seen its market cap jump 72% to $74 billion so far this year, surpassing the 32% growth of Tether’s USDT, which reached $307 billion. The analysts credited USDC’s growth to its MiCA compliance, transparent reserves, and collaborations with Visa and Mastercard that enable on-chain settlements, as noted in a . Meanwhile, USDT continues to lead in developing markets but is facing challenges in Europe due to MiCA-driven delistings, the TradingView report added.

The 1:1 swap feature is part of Revolut’s growing crypto offerings. The company announced $1.1 billion in net profits for 2024, fueled by a 298% increase in revenue from its wealth segment, according to a

. Its Revolut X trading platform, introduced in May 2024, is now available in 30 European nations, and its March 2024 partnership with Consensys, the developer of MetaMask, enables direct crypto purchases in Web3 wallets, as reported by Yahoo Finance.

This wave of innovation from the fintech sector comes as more global financial players embrace stablecoins. Western Union is preparing to launch its USDPT stablecoin on Solana by 2026, and SWIFT is piloting on-chain messaging, according to a

. At the same time, regulators in countries like Japan and Korea are advancing frameworks for national digital currencies and stablecoins, the CryptoTimes article noted.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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