HomeNewsRevolut Launches 1:1 USD-to-Stablecoin Conversion, Eliminating Fees and Spreads

Revolut Launches 1:1 USD-to-Stablecoin Conversion, Eliminating Fees and Spreads

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Fintech giant Revolut has introduced a 1:1 conversion feature between the U.S. dollar and major stablecoins, allowing its 65 million global users to seamlessly move between fiat and crypto with no fees, spreads, or hidden markups.

According to Leonid Bashlykov, Revolut’s Head of Product for Crypto, the update allows users to exchange up to $578,630 (or €500,000) every 30 rolling days, at a fixed rate of $1 for $1 when converting between USD and stablecoins such as USDT and USDC.

“Today marks the day we remove all anxiety and friction of moving between fiat and crypto,” Bashlykov said in a LinkedIn post. “This isn’t about getting a better rate—it’s about eliminating the pain of going on and off-chain.”

A Milestone in Mainstream Crypto Integration

Revolut’s new offering extends across six supported blockchains, including Ethereum, Solana, and Tron, enabling users to move stablecoins freely across networks while maintaining a consistent exchange rate.

The move positions Revolut as one of the first major neobanks to bridge traditional finance with digital assets at scale. It mirrors the company’s earlier transformation of foreign exchange, which revolutionized international transfers by removing hidden fees and spreads.

Building a Seamless Fiat-to-Crypto Experience

This launch is part of Revolut’s broader strategy to simplify digital finance for everyday users. By offering transparent, instant conversions between fiat and stablecoins, the platform eliminates one of the biggest friction points in crypto adoption, high conversion costs and inconsistent exchange rates.

As stablecoins continue to underpin global payment rails and DeFi ecosystems, Revolut’s integration signals a growing convergence between regulated banking and onchain finance. The company says it plans to expand the feature set in 2026 to include additional stablecoins and tokenized assets.

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Bhushan Akolkar
Bhushan Akolkar
Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: [email protected] Phone: +49 160 92211628
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