The post Revolut Launches Free USD-Stablecoin Exchange for Crypto Users appeared on BitcoinEthereumNews.com. Key Points: Revolut launches free USD to stablecoin exchange, enabling seamless crypto integration. Users can swap up to $578,000 monthly with no fees. Supports SMEs by reducing currency friction in difficult markets. Revolut, a UK-based fintech, launched a fee-free 1:1 USD-to-stablecoin exchange platform, supporting major blockchains on October 31, with regulatory backing within the EEA. This development simplifies crypto-fiat transactions, enhancing financial efficiency for SMEs in economically unstable regions and marks strategic growth under Revolut’s new MiCA compliance. Revolut Offers Up to $578,000 in Fee-Free Conversions Revolut has announced a new service allowing customers to exchange up to $578,000 per month from USD to stablecoins at zero fees and spread. This service utilizes six different blockchains and addresses conversion issues. Nikolay Storonsky, CEO, and Leonid Bashlykov, Head of Product for Crypto, have highlighted Revolut’s emphasis on easing the fiat-crypto transaction process. “We’ve eliminated all anxiety and friction of moving between fiat and crypto, making stablecoins a seamless part of working capital and payments infrastructure.” — Leonid Bashlykov This feature could significantly benefit SMEs by reducing operational costs and aiding in currency management, particularly in countries experiencing economic challenges like Turkey. No additional fees position Revolut competitively in an evolving fintech landscape. Reactions from industry leaders like Elbruz Yılmaz have been positive, noting that converting stablecoins into working capital infrastructure can transform business operations. Revolut’s recent MiCA license from the Cyprus Securities and Exchange Commission further cements its regulatory position, allowing expanded services throughout the EEA. Stablecoin Market Impact and Future Prospects Did you know? Revolut’s zero-fee cryptocurrency exchange stands out as a regulatory-compliant service within the EEA, contrasting previous costly fiat-stablecoin platforms. USDC is currently priced at $1.00, with a market cap of $75.89 billion and a 2.06% market dominance. Over 75.90 billion tokens are in circulation. In the past… The post Revolut Launches Free USD-Stablecoin Exchange for Crypto Users appeared on BitcoinEthereumNews.com. Key Points: Revolut launches free USD to stablecoin exchange, enabling seamless crypto integration. Users can swap up to $578,000 monthly with no fees. Supports SMEs by reducing currency friction in difficult markets. Revolut, a UK-based fintech, launched a fee-free 1:1 USD-to-stablecoin exchange platform, supporting major blockchains on October 31, with regulatory backing within the EEA. This development simplifies crypto-fiat transactions, enhancing financial efficiency for SMEs in economically unstable regions and marks strategic growth under Revolut’s new MiCA compliance. Revolut Offers Up to $578,000 in Fee-Free Conversions Revolut has announced a new service allowing customers to exchange up to $578,000 per month from USD to stablecoins at zero fees and spread. This service utilizes six different blockchains and addresses conversion issues. Nikolay Storonsky, CEO, and Leonid Bashlykov, Head of Product for Crypto, have highlighted Revolut’s emphasis on easing the fiat-crypto transaction process. “We’ve eliminated all anxiety and friction of moving between fiat and crypto, making stablecoins a seamless part of working capital and payments infrastructure.” — Leonid Bashlykov This feature could significantly benefit SMEs by reducing operational costs and aiding in currency management, particularly in countries experiencing economic challenges like Turkey. No additional fees position Revolut competitively in an evolving fintech landscape. Reactions from industry leaders like Elbruz Yılmaz have been positive, noting that converting stablecoins into working capital infrastructure can transform business operations. Revolut’s recent MiCA license from the Cyprus Securities and Exchange Commission further cements its regulatory position, allowing expanded services throughout the EEA. Stablecoin Market Impact and Future Prospects Did you know? Revolut’s zero-fee cryptocurrency exchange stands out as a regulatory-compliant service within the EEA, contrasting previous costly fiat-stablecoin platforms. USDC is currently priced at $1.00, with a market cap of $75.89 billion and a 2.06% market dominance. Over 75.90 billion tokens are in circulation. In the past…

Tether's Q3 report confirms sufficient reserves backing issued USDT. The company has diversified investments beyond digital finance. Continue Reading:Tether Dominates Digital Dollar Arena with Impressive Growth The post Tether Dominates Digital Dollar Arena with Impressive Growth appeared first on COINTURK NEWS.