Revolut accelerates the deployment of cryptocurrencies: stablecoins, transactions and payments have

Revolut is no longer just integrating cryptocurrencies into its banking applications

With the launch of EURR, the development of Revolut X, and the implementation of new regulatory approaches, the financial technology company is building a broader crypto ecosystem. Maxim Krasnov, founder of Construct.tech, analyzed this evolution as rapprochement between banking and digital assets (rapprochement means "proximity" or "integration"). His analysis particularly highlighted Bridge's role in the issuance of stablecoins, which is owned by Stripe. This strategy has now expanded to multiple markets and multiple uses.

Summary of Core Points

• Revolut launched the euro stablecoin EURR issued by Bridge, a company owned by Stripe.
• The fintech company is exploring sterling stablecoins in the UK's Financial Conduct Authority (FCA) sandbox.
• Revolut X and pledge features enhance its cryptocurrency trading and investment services.
• Revolut continues to expand its regulatory scope, complies with MiCA regulations in Europe, and plans to establish a bank of the future in the United States.
• stablecoins, transactions, payments and banking services may soon form a unified crypto ecosystem.

Revolut builds EURR as a bridge between banks and blockchain

Revolut has officially launched its first stablecoin EURR to anchor the euro. The company said in a statement that it will gradually promote the token to qualified customers in Denmark, Poland and Portugal. This release is based on the Ethereum network and aims to transfer value between fiat, cryptocurrencies and external wallets. Revolut also plans to gradually expand the availability of EURR to other markets.

One detail distinguishes this operation from fully internal token creation: Revolut does not hold the issuer role of EURR, but Bridge Building performs this function, as stated in a statement. Bridge is owned by Stripe, which has strengthened its stablecoin infrastructure business through the company. As a result, Revolut retains distribution, user experience and product access, primarily through its banking app. This separation allows the fintech company to rely on specialized infrastructure.

This pattern is exactly what Construct.tech founder Maxim Krasnov highlighted in his analysis published on LinkedIn. In his view, Revolut has become a gateway directly from banking applications to the on-chain market. Therefore, its interest is not just in creating a new European stablecoin. The combination of large-scale distribution, banking services and blockchain access poses a real strategic challenge.

Image source: LinkedIn / Maxim Krasnov. Revolut's blockchain strategy revolves around cryptocurrency transactions, stablecoins, crypto services and digital asset payments.

Following the euro, Revolut tests sterling stablecoin

Revolut's strategy does not stop at EURR. In the UK, the fintech company is exploring sterling stablecoins in the UK's Financial Conduct Authority (FCA) regulatory sandbox. The FCA pointed out that the project aims to design an asset that maintains a 1:1 value to the pound. Relevant reserves must also be denominated in pounds sterling.

This experiment differs from confirmed commercial releases. FCA uses its sandbox to allow companies to test products in a controlled environment. Revolut is one of the four companies selected and belongs to the stablecoin queue. Regulators mainly want to look at uses related to payments, settlements and cryptocurrency transactions.

This approach mainly shows that Revolut is considering multiple currencies rather than a single stablecoin. The company already has an enabling environment to link traditional currencies and digital assets. EURR applies this logic to the euro, while the UK project explores extending it to the pound. As a result, Revolut can gradually develop a multi-currency infrastructure that adapts to crypto-transfers and usage.

Trading, Pledge and Exchange: Revolut expands its crypto services

stablecoins are just part of this strategy. Revolut is also developing Revolut X, a platform for users who want more advanced trading capabilities. The platform offers market and limit orders and, based on its current introduction, allows access to more than 300 tokens. It also allows certain policies to be automated through its API.

This infrastructure has changed the place of cryptocurrencies in the Revolut ecosystem. Ordinary users can still buy and sell assets through the main application. More active traders have an independent environment equipped with tools that suit their needs. The API specifically allows retrieving market data and sending orders programmatically.

The pledge feature complements this service by providing an alternative source of usage for crypto asset holders. Revolut currently offers pledge services on multiple networks, including Ethereum, Solana and Polkadot. Rewards vary and depend on the specific conditions of each network. The platform also mentioned that assets may be locked in for certain periods of time.

Regulation becomes a core component of Revolut's strategy

In Europe, Revolut has strengthened its regulatory framework for crypto activities. Revolut Digital Assets Europe Ltd holds a CASP (Cryptographic Asset Service Provider) license issued by the CySEC of Cyprus in accordance with MiCA regulations. This authorization covers custody, transfer, and a variety of crypto asset exchange services. CySEC also confirmed the existence of cross-border services provided to other member states.

The UK plays a different role in this architecture. Revolut is testing its GBP stablecoin project with the support of the FCA sandbox. This approach allows companies to explore new products while considering the future UK regulatory framework. As a result, Revolut is moving forward on two complementary paths: following MiCA in Europe and conducting regulatory experiments in the UK.

In the United States, ambitions are even greater. Although Maxim Krasnov once claimed a "California Banking License," official documents and Revolut's statement on September 3 indicate that the financial technology company has been approved to establish Revolut Bank US, N.A., The headquarters is proposed to be in Stamford, Connecticut. The Office of the Comptroller of the Currency (OCC) approved the application on September 2, 2026, and Revolut mentioned that it was a conditional approval and specified that further verification by the FDIC, the Federal Reserve and the OCC was required. The bank's launch plan is still scheduled for 2027.

Revolut has also made progress in the United Arab Emirates market. In July 2026, the financial technology company received VARA's approval-in-principle to provide several services related to virtual assets. The authorization specifically covers brokerage, management and exchange of cryptoassets. However, this is an initial regulatory step rather than a final operating license.

From cryptocurrency to payments: Revolut seeks to closed-loop

The last part of the setup involves payments. Revolut has allowed its customers to use cryptocurrency cards to consume its digital assets. Its crypto terms also mention that cryptocurrency assets can be purchased, sold, held, transferred and spent from its environment. This integration directly brings crypto custody closer to daily fund usage.

The logic becomes clearer when looking at all elements. Transactions attract active users, while pledges provide new utility to assets held. stablecoins then added an on-chain settlement layer between traditional currencies and cryptocurrencies. Finally, cards and payments can transform this digital value into regular ways of spending.

Maxim Krasnov's analysis seems very reasonable in this configuration. His observations focus not only on EURR, but also on the integration between banking services and digital assets in a single product. Revolut is gradually building a chain that connects transactions, stablecoins, regulatory services and payments. This architecture could become the main axis of differentiation that separates the fintech company from traditional exchanges and classic banks.

Conclusion

In the final analysis, the next step may go beyond mere new token launches. If Revolut can unify banking, transactions, stablecoins and payments into a unique experience, cryptocurrencies could become the infrastructure of its financial services. EURR, the GBP project, Revolut X and future Bank of America have formed the main cornerstones of this evolution. The question now is how much Revolut can integrate these services while maintaining a consistent regulatory framework in each market.