\n
Stable Swaps Ahoy!
\n\n
At the university-for-all life\’s mystical utterances, neobank Revolut has brought forth a marvel of finance, a magnificent marriage between USD and stablecoins at a splendidly one-to-one exchange ratio. Ahh, what a bargain, my dear 65 million lessees of Revolut\’s vaults, you may now swap up to a dizzying $578,630 every 30 days on the clock’s round table without a whisper of a fee or the slightest splatter of spreads! 🎩😄
\n\n
“Today,” announced Revolut\’s Head of Product in Crypto, Leonid Bashlykov, in a post that would make even the most chill LinkedIn frequenter chuckle, “we dispense with that most trifling of human woes: the anxiety and friction borne of jaunting between fiat and crypto.” Buzz! 🤗
\n\n
”1:1 Stablecoins by Revolut – A dollar for a dollar. No, make that a shilling for a shilling!”
\n\n
Post haste, let us report that Revolut, brandishing a stately $35 billion in its loyal customers\’ assets in 2024, marked a winsome 66% increase from the annum preceding! Furthermore, their monthly transactions escalated in leaps and bounds, defying the feeble predictions of even the most formidable of financial pundits. 📈
\n\n
This gleaming new offering shall gracefully embrace Circle’s USDC (USDC) and Tether (USDT), gallivanting across six blockchains – those being Ethereum, Solana, and Tron, lest we forget – Mr. Bashlykov was clear on that score.
\n\n
And just last week, by some cosmic twist of fate, Revolut secured a Markets in Crypto-Assets Regulation license from the kindly embrace of the Cyprus Securities and Exchange Commission, granting it licence to flourish with regulated crypto services over no fewer than 30 countries in the European Economic Area. Splendid! 🇨🇾
\n\n
But say, Mr. Bashlykov had a word to the wise when it comes to these 1:1 conversions: “Tis not about the improved rate, but about whisking away the thorny pain of shuttling betwixt on-chain and off.” 🚫☠️
\n\n
\n\n
Sure enough, good sir Elbruz Yılmaz, an esteemed managing partner from the venture capital firm Outrun, took to Bashlykov’s post, opining that for the noble small-to-medium wizards of business in lands of economic challenge – say Turkey – the 1:1 exchange could be akin to finding a Shredded Wheat bar on the treasure map (if Shredded Wheat bars were gold). 🕵️\u200d♂️🎯
\n\n
“A clean one to one ramp transmutes stablecoins from mere speculative assets into bona fide working capital infrastructure. Expect faster cycles, less FX bleed, and treasury control of a truly remarkable nature.”
\n\n
“Fear not!” intoned Bashlykov again, promising that the spread shall be gracefully covered at Revolut’s own coffers, provided that the stablecoins persist in their haughty pegs. 🚀
\n\n
The British-based bank has long dabbled in crypto trading since the good old year of 2017, and has grown cozy with over 200 tokens, not to mention offering a delightful “pay-with-crypto” option for those wishing to purchase their croissants (or whatever it is they enjoy).
\n\n
A Tale of Two Stablecoins
\n\n
Meanwhile, in a far distant corner of the financial realm, Western Union untangled its own stablecoin shenanigans, proclaiming a roll-out of a stablecoin settlement system on Solana’s blocky province sometime in the first glorious half of 2026. At their fingertips, the US Dollar Payment Token (USDPT) alongside the entrancing Digital Asset Network. 🌐🍵
\n\n
Others March in Unison
\n\n
Not to be outpaced in this madcap dash for crypto credibility, the fine old folk behind Zelle plan to launch their own stablecoin fleet, while MoneyGram – in a dashing display of entrepreneurship – lined up for a crypto app unveiling in Colombia that accords locals a shiny USDC wallet. 👟💸
\n\n
And SWIFT – those regal banking machinists – are flatly determined to fashion a blockchain payment settlement platform fit to host stablecoin and tokenized asset transfers. The future, dear friends, is upon us!
\n
Stable Swaps Ahoy!
At the university-for-all life’s mystical utterances, neobank Revolut has brought forth a marvel of finance, a magnificent marriage between USD and stablecoins at a splendidly one-to-one exchange ratio. Ahh, what a bargain, my dear 65 million lessees of Revolut’s vaults, you may now swap up to a dizzying $578,630 every 30 days on the clock’s round table without a whisper of a fee or the slightest splatter of spreads! 🎩😄
“Today,” announced Revolut’s Head of Product in Crypto, Leonid Bashlykov, in a post that would make even the most chill LinkedIn frequenter chuckle, “we dispense with that most trifling of human woes: the anxiety and friction borne of jaunting between fiat and crypto.” Buzz! 🤗
”1:1 Stablecoins by Revolut – A dollar for a dollar. No, make that a shilling for a shilling!”
Post haste, let us report that Revolut, brandishing a stately $35 billion in its loyal customers’ assets in 2024, marked a winsome 66% increase from the annum preceding! Furthermore, their monthly transactions escalated in leaps and bounds, defying the feeble predictions of even the most formidable of financial pundits. 📈
This gleaming new offering shall gracefully embrace Circle’s USDC (USDC) and Tether (USDT), gallivanting across six blockchains – those being Ethereum, Solana, and Tron, lest we forget – Mr. Bashlykov was clear on that score.
And just last week, by some cosmic twist of fate, Revolut secured a Markets in Crypto-Assets Regulation license from the kindly embrace of the Cyprus Securities and Exchange Commission, granting it licence to flourish with regulated crypto services over no fewer than 30 countries in the European Economic Area. Splendid! 🇨🇾
But say, Mr. Bashlykov had a word to the wise when it comes to these 1:1 conversions: “Tis not about the improved rate, but about whisking away the thorny pain of shuttling betwixt on-chain and off.” 🚫☠️
Sure enough, good sir Elbruz Yılmaz, an esteemed managing partner from the venture capital firm Outrun, took to Bashlykov’s post, opining that for the noble small-to-medium wizards of business in lands of economic challenge – say Turkey – the 1:1 exchange could be akin to finding a Shredded Wheat bar on the treasure map (if Shredded Wheat bars were gold). 🕵️♂️🎯
“A clean one to one ramp transmutes stablecoins from mere speculative assets into bona fide working capital infrastructure. Expect faster cycles, less FX bleed, and treasury control of a truly remarkable nature.”
“Fear not!” intoned Bashlykov again, promising that the spread shall be gracefully covered at Revolut’s own coffers, provided that the stablecoins persist in their haughty pegs. 🚀
The British-based bank has long dabbled in crypto trading since the good old year of 2017, and has grown cozy with over 200 tokens, not to mention offering a delightful “pay-with-crypto” option for those wishing to purchase their croissants (or whatever it is they enjoy).
A Tale of Two Stablecoins
Meanwhile, in a far distant corner of the financial realm, Western Union untangled its own stablecoin shenanigans, proclaiming a roll-out of a stablecoin settlement system on Solana’s blocky province sometime in the first glorious half of 2026. At their fingertips, the US Dollar Payment Token (USDPT) alongside the entrancing Digital Asset Network. 🌐🍵
Others March in Unison
Not to be outpaced in this madcap dash for crypto credibility, the fine old folk behind Zelle plan to launch their own stablecoin fleet, while MoneyGram – in a dashing display of entrepreneurship – lined up for a crypto app unveiling in Colombia that accords locals a shiny USDC wallet. 👟💸
And SWIFT – those regal banking machinists – are flatly determined to fashion a blockchain payment settlement platform fit to host stablecoin and tokenized asset transfers. The future, dear friends, is upon us!
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2025-10-31 08:12