Odaily Planet News: Cryptocurrency researcher Alex posted on the X platform, stating that fintech giant Revolut's stablecoin business is experiencing exponential growth, with a 156% growth rate in stablecoin trading volume. This is four times faster than the growth rate of total payment transactions (38.5%). In 2024, Revolut's total transaction volume reached $1.3 trillion, with stablecoin transactions accounting for $4.1 billion. This growth is primarily driven by RevolutX and the Revolut Ramp launched in collaboration with MetaMask.
Revolut's 2024 Stablecoin Volume Reaches $4.1 Billion, Up 156%
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Summary
Revolut's ecosystem growth accelerated in 2024, with stablecoin transaction volume reaching $4.1 billion, a 156% increase year-on-year. This figure accounts for 3.15% of Revolut's total transaction volume of $130 billion. Much of the expansion was driven by the partnership announcement with MetaMask through Revolut Ramp and RevolutX.
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