Revolut's Blockchain Transactions on Polygon Surpass $1.2 Billion

Polygon has announced that Revolut's transactions on its blockchain have exceeded $1.2 billion. According to Odaily, this milestone marks a significant step in the European fintech company's commitment to blockchain technology. Revolut has also applied to the U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation for a national banking license to operate as Revolut Bank US, NA. If granted, the license would allow Revolut to directly access Fedwire and ACH systems, offer FDIC-insured deposit services, and operate under a unified federal framework across all 50 states.