Revolut accelerates in crypto: Stablecoins, trading and payments at the heart of its strategy

Revolut no longer just integrates cryptocurrencies into its banking application. With the launch of EURR, the development of Revolut X and its new regulatory approaches, the fintech is building a much broader crypto offering. Maxim Krasnov, founder of Construct.tech, analyzes this development as a rapprochement between banking and digital assets. His analysis highlights in particular the role of Bridge, a company owned by Stripe, in the issuance of the stablecoin. This strategy now extends to several markets and several uses.

Revolut transforms EURR into a bridge between banking and blockchain

Revolut launched EURR as its first euro-backed stablecoin. The fintech announced in a press release the gradual deployment of this token to eligible customers in Denmark, Poland and Portugal. The launch is taking place on Ethereum and should allow value to be moved between fiat currency, crypto and external wallets. Revolut also plans to gradually expand the availability of EURR to other markets.

However, one detail distinguishes this operation from entirely internal token creations. Revolut does not hold the role of issuer of EURR, since Bridge Building performs this function according to the same press release. Bridge is owned by Stripe, which has strengthened its stablecoin infrastructure business with this company. Revolut thus retains the distribution, user experience and access to the product from its banking application. This separation allows fintech to rely on specialized infrastructure.

It is precisely this model that Maxim Krasnov, founder of Construct.tech, highlights in his analysis published on LinkedIn. According to him, Revolut becomes a gateway to on-chain markets directly from a banking application. Interest is therefore not based solely on the creation of a new European stablecoin. The combination of mass distribution, banking services and access to the blockchain constitutes the real strategic challenge.

After the euro, Revolut is experimenting with a stablecoin in pounds sterling

Revolut’s strategy doesn’t stop at EURR. In the UK, the fintech is exploring a sterling-denominated stablecoin under the Financial Conduct Authority’s Regulatory Sandbox. The FCA said that the project targets an asset designed to retain a 1:1 value with the pound. Associated reserves must also be denominated in GBP.

This experiment remains different from a confirmed commercial launch. The FCA uses its sandbox to allow companies to test products in a controlled setting. Revolut is one of four companies selected in the stablecoin cohort. The regulator wants in particular to observe uses linked to payments, settlement and crypto trading.

This approach above all shows that Revolut is thinking about several currencies rather than a single stablecoin. The company already has a favorable environment for linking traditional currencies and digital assets. EURR brings this logic to the euro, while the British project explores an extension to the pound. Revolut could thus gradually develop a multi-currency infrastructure adapted to crypto transfers and uses.

Trading, staking and exchange: Revolut expands its crypto offering

The stablecoin is only part of this strategy. Revolut is also developing Revoluta platform aimed at users who want access to more advanced trading functions. The platform notably offers market orders and limit orders, as well as access to more than 300 tokens according to its current presentation. It also allows you to automate certain strategies using its API.

This infrastructure changes the place of crypto in the Revolut ecosystem. The casual user can continue to buy and sell assets from the main application. More active traders have a separate environment with tools adapted to their needs. L’API allows you to retrieve market data and send orders programmatically.

Staking completes this offer with another source of use for holders of cryptoassets. Revolut currently offers staking on several networks, including Ethereum, Solana and Polkadot. The rewards remain variable and depend in particular on the conditions specific to each network. The platform also specifies that assets may remain blocked for certain periods.

Regulation becomes a central part of Revolut strategy

In Europe, Revolut has already strengthened its regulatory framework for its crypto activities. Revolut Digital Assets Europe Ltd has a CASP license granted by CySEC to Cyprus under the MiCA regime. This authorization covers in particular the storage, transfers and several exchange services of cryptoassets. CySEC also confirms the existence of cross-border services to other member states.

The United Kingdom plays a different role in this architecture. Revolut is testing its GBP stablecoin project there with the support of the FCA sandbox. This approach allows the company to explore a new product while taking into account the future British regulatory framework. Fintech is therefore advancing on two complementary fronts, with MiCA in Europe and regulatory experimentation in the United Kingdom.

In the United States, ambition becomes even more important. Contrary to Maxim Krasnov’s assertion regarding a “California bank charter”, official CAS documents And the press release of September 3 from Revolut report that the fintech has received approval to create Revolut Bank US, NA, with proposed headquarters in Stamford, Connecticut. The OCC approved the application on September 2, 2026, while Revolut speaks of conditional approval and specifies that further validations remain necessary with the FDIC, the Federal Reserve and the OCC. The launch of this bank remains planned for 2027.

Revolut is also making progress in the United Arab Emirates market. In July 2026, fintech has got approval in principle from VARA to offer several services related to virtual assets. This authorization concerns in particular the brokerage, management and exchange of cryptoassets. However, this is a preliminary regulatory step and not a definitive operational license.

From cryptocurrencies to payments: Revolut seeks to close the loop

The last piece of the system concerns payments. Revolut already allows its customers to use a Crypto Card to spend their digital assets. Its crypto conditions also mention the possibility of buying, selling, holding, transferring and spending cryptoassets from its environment. This integration therefore directly brings the holding of crypto and the daily use of money closer together.

The logic then becomes clearer when we observe all the bricks. Trading attracts active users, while staking gives new utility to the assets held. Stablecoins then add an on-chain settlement layer between traditional currency and crypto. Cards and payments can finally turn this digital value into a common means of spending.

Maxim Krasnov’s analysis takes on its full meaning in this configuration. His observation is not only about EURR, but about the rapprochement between banking services and digital assets within the same product. Revolut is gradually building a chain that connects trading, stablecoins, regulated services and payments. This architecture could become one of the main areas of differentiation for fintech compared to traditional exchanges and traditional banks.

Ultimately, the next step could therefore go beyond the summary launch of new tokens. If Revolut manages to bring together banking, trading, stablecoins and payments in a single experience, crypto could become a native infrastructure of its financial services. EURR, the GBP project, Revolut X and the future American bank already constitute the main building blocks of this evolution. The question will now be how far Revolut can integrate these services while maintaining a consistent regulatory framework in each market.