TL;DR
- Revolut and Trust Wallet formed a partnership to offer crypto purchases that are delivered instantly to a self-custodied wallet without going through an exchange.
- The integration uses the bank’s payment systems to settle each purchase and send the assets directly to the user’s wallet.
- The launch includes Bitcoin, Ethereum, Solana, USDC and USDT.
Revolut and Trust Wallet formed a partnership that allows users to buy crypto and receive the assets immediately in a self-custodied wallet without passing through an exchange.
The integration uses RevolutPay, bank transfers and cards as channels that settle the transaction and route the funds directly to the user’s wallet, removing manual withdrawals and any temporary custody stage.
Revolut Will Reach Trust Wallet’s 220 Million Users
The flow operates as a fiat on-ramp that delivers the assets as soon as the payment is confirmed. Users keep the privacy and security of their keys from the outset and gain access to near-instant settlement within the European Union, with some methods carrying no fees at all. The design reduces the usual friction between buying on centralized platforms and the actual arrival of tokens in a personal wallet.
Trust Wallet has more than 220 million users worldwide and functions as a self-custody application independent from Binance’s exchange infrastructure. The partnership adds a funding channel that expands the wallet’s operational reach and enables users to convert euros into crypto without relying on intermediaries and with full control over their assets.
Bitcoin, Ethereum, Solana, USDC and USDT
Revolut reached a $75 billion valuation after a secondary sale backed by Fidelity, Coatue and NVentures, and it secured a MiCA license in Cyprus that allows the company to offer regulated crypto products across the European Economic Area. In 2024, it generated $4 billion in revenue and recorded $1.4 billion in pre-tax profit. The neobank is also expanding its presence in Mexico and Colombia.
Its crypto infrastructure is also growing. Last year, Revolut launched a remittance scheme for USDC, USDT and POL on Polygon to turn stablecoins into a more common payment option within its network.
The launch includes Bitcoin, Ethereum, Solana, USDC and USDT, with more assets to be added as the rollout progresses
