Revolut’s Zero-Fee Stablecoin Swaps: A 1:1 Revolution for 65M Users Across 6 Chains

4 min read

Nov 13, 2025

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Revolut Zero-Fee Stablecoin Swaps USDC USDT

Revolut’s Game-Changing Launch: Zero-Fee USD-to-Stablecoin Conversions

Revolut, the UK-based fintech powerhouse with over 65 million users worldwide, has rolled out a groundbreaking feature: 1:1 swaps between USD and major stablecoins USDC and USDT with zero fees or spreads. Announced on October 31, 2025, this service allows users to convert up to $578,000 (€500,000) every 30 days at exact market rates, no hidden costs, no slippage, just pure 1:1 parity. For crypto newcomers, this means turning your fiat dollars into stable digital assets (pegged 1:1 to USD) without losing a cent on the exchange, and vice versa. As Revolut’s Head of Crypto Products Leonid Bashlykov shared on LinkedIn, “We’re covering the spread internally to guarantee exact conversions, as long as stablecoins maintain their peg.” With support across six blockchains, Ethereum, Solana, Tron, Base, Arbitrum, and Polygon, this isn’t a gimmick; it’s a frictionless bridge to on-chain finance.

How It Works: Seamless, Multi-Chain Conversions in the App

The process is dead simple: Head to the Crypto tab in the Revolut app, tap Trade, select USDC or USDT, and swap your USD, no spreads, no in-app fees (though on-chain gas may apply for withdrawals). Users get exactly $1 in stablecoin for every $1 spent, with live market pricing visible upfront. This builds on Revolut’s MiCA approval in 2024, enabling crypto services across 30 European countries, and follows their 298% revenue growth in wealth management from crypto trading. Specifically, the multi-chain support means flexibility: Choose Ethereum for DeFi depth, Solana for speed (under $0.001 fees), or Tron for low-cost transfers. Withdraw to any supported wallet, spend via Revolut cards where Visa/Mastercard is accepted, or hold for yields. As Bashlykov emphasized, “It removes pricing anxiety, every dollar in gets you a dollar out.”

The Broader Impact: Simplifying Crypto On-Ramps and Driving Adoption

This launch is a massive win for mainstream adoption. Revolut’s 65 million users, spanning retail traders to businesses, now have a no-frills gateway to stablecoins, the $236 billion backbone of crypto (settling more value than Visa and Mastercard combined in 2024). It eliminates the “fiat-to-crypto tax” that deters newcomers, where spreads often nibble 1-2% per trade. In Europe, where Revolut dominates fintech, this could onboard millions to DeFi, staking USDC for 4-5% yields or using USDT for remittances without 7% wire fees. As Zelle’s parent and MoneyGram explore similar stablecoin tools, Revolut sets the bar. On-chain, it boosts liquidity: More users mean higher volumes on supported chains, with Ethereum seeing a 15% uptick in USDC transfers post-launch. For global remittances ($831B annually), it’s transformative, send from the UK to India in minutes, pegged perfectly.

Could This Become the Standard? Revolut’s Lead in Fee-Free Finance

Zero-fee swaps could indeed set a new benchmark, especially as stablecoins evolve from trading tools to everyday money. Revolut’s move aligns with MiCA’s push for transparent crypto services, potentially pressuring competitors like Binance or Coinbase to match. As the fintech’s crypto revenue soared 298% YTD, expect copycats: Western Union and Zelle are testing stablecoin platforms, while PayPal’s PYUSD eyes similar perks. Risks? On-chain gas (e.g., $0.50 on Ethereum) still applies for withdrawals, and peg breaks could disrupt 1:1 guarantees. But with Revolut covering spreads and limiting to $578K/month, it’s user-friendly. As Bashlykov put it, “We’re making crypto as simple as fiat.” If this scales, expect a world where stablecoins are the default for global transfers, borderless, instant, and free.

The Horizon: Stablecoins as the New Global Currency

In short, Revolut’s zero-fee swaps aren’t just convenient, they’re a tipping point for stablecoin mainstreaming. 65M users now bridge fiat and crypto effortlessly across six chains. As adoption grows, platforms like Lumexo make trading USDC/USDT low-fee and secure. The standard? It’s emerging, fast, fair, and fee-free.

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Data articol: November 13, 2025