Key Highlights:
  • Revolut is using Polygon for zero fee stablecoin transfers

  • Users will gain access to POL staking inside the Revolut app

  • Mastercard is expanding identity features on Polygon

  • Polygon continues to grow across stablecoins and payments

Revolut Integrates Polygon Across Its App

Revolut is expanding its crypto features by adopting Polygon as the core network for stablecoin payments and transfers. The integration brings zero fee remittances, crypto card payments, and POL staking into the Revolut app.

The goal is to provide cheaper and faster cross border payments without changing the familiar user experience.

New Features for Millions of Users

Revolut users will be able to:

Key Highlights:
  • send and receive USDC and USDT with no fees

  • make crypto card payments using Polygon rails

  • stake POL directly inside the app

  • access improved on and off ramps for stablecoins

Revolut users have already processed more than 690 million dollars on Polygon before the full rollout.

Mastercard and Others Also Choose Polygon

Mastercard recently selected Polygon to expand its Crypto Credential identity system for self custody wallets. DeCard, R25, and other payment companies are also integrating with Polygon.

More than 3.2 billion dollars worth of stablecoins now circulate on Polygon.

Strengthening Polygon’s Position in Payments

With the recent Rio upgrade improving performance and stateless verification, Polygon continues carving out a strong position in global payments and real world asset use.

Read the full article on theblock.