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

Use of stablecoin payments within global fintech firm Revolut has surged since the start of 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. While Revolut has not disclosed official payment data, the estimate is based on analysis of Dune Analytics data.

Obchakevich also estimated that stablecoin payments’ share of Revolut’s total payment volume nearly doubled from 2024 to about 0.583%. The absolute share remains small, but the pace of growth is very rapid.

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

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

Last October, Revolut stepped up its stablecoin strategy by introducing a feature that allows users to swap U.S. dollars 1:1 into USDC and USDT with no fees. Bloomberg Intelligence has projected that stablecoin payment volumes 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 also preparing stablecoin-based payment systems, suggesting the institution-led push for retail stablecoin adoption will continue.