Revolut stablecoin payments surge…transaction value up 156% last year

Stablecoin payment usage within global fintech firm Revolut has surged sharply in 2025.

According to Cointelegraph on the 14th (local time), crypto asset researcher Alex Obchakevich estimated that Revolut’s stablecoin payment volume in 2025 rose 156% year on year to about $10.5 billion. Revolut has not disclosed official payment data, but the estimate is based on an analysis of Dune Analytics data.

[Update] Obchakevich also estimated that the share of stablecoin payments in Revolut’s total payment volume nearly doubled from 2024 to around 0.583%. While the absolute share remains small, the pace of growth is seen as very rapid.

A breakdown by ticket size showed a clear day-to-day spending pattern. Among stablecoin transfers on Revolut, transactions in the $100–$500 range accounted for 30–40% of total trades. This suggests stablecoins are being used not only for large-value fund movements but also as a payment method for small and mid-sized amounts.

By network, Ethereum represented more than two-thirds of Revolut’s stablecoin payment volume, the largest share. Tron followed at about 22.8%. Revolut supports multiple blockchains including Ethereum, Tron, Polygon, Solana, Arbitrum and Optimism.

Revolut strengthened its stablecoin strategy last October by introducing a feature that allows users to exchange U.S. dollars 1-for-1 into USDC and USDT with no fees. Bloomberg Intelligence has forecast that stablecoin payment volume will grow at a compound annual rate of 81% through 2030, reaching $56.6 trillion.

Beyond Revolut, traditional finance and payments firms such as Western Union, MoneyGram and Zelle are preparing stablecoin-based payment systems, suggesting the institution-led push to expand retail stablecoin usage will continue.