Revolut Prepares for US Bank Launch with Stablecoin Services

Revolut, a global fintech company, is set to launch a U.S. bank in 2026. The new bank will offer FDIC-insured accounts and stablecoin services under one app, making it easier for customers to manage their finances across borders.

The proposed U.S. bank will be based in Stamford, Connecticut, with an additional office in New York. Revolut has already filed an application for a national bank charter with the Office of the Comptroller of the Currency (OCC), which is one of the toughest approvals in American finance. A national bank charter gives the holder the ability to operate across state lines and accept federally insured deposits.

Revolut's U.S. expansion marks a significant move for the company, which has already gained about 1 million customers in the country. The fintech company plans to focus on business and retail customers with international banking needs, especially those who regularly transact in multiple currencies across different regions. With over 30 supported currencies, Revolut aims to provide a seamless experience for customers dealing with foreign exchange.

The U.S. bank charter application is still pending, but the direction is clear: Revolut is building toward a model where stablecoins and crypto trading are not add-ons to a bank account, but part of the same product from day one.