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Revolut plans US bank and stablecoin after conditional OCC approval
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Revolut plans US bank and stablecoin after conditional OCC approval
Revolut plans to establish its national bank in Stamford, Connecticut, with about $95 million in capital.The proposed bank still requires FDIC, Federal Reserve, and final OCC approvals before opening.Checking accounts, cards, installment loans, foreign exchange, and a stablecoin are among the planned products.Revolut currently serves U.S. customers through Lead Bank rather than its own banking charter.
2026-09-03 Source:crypto.news
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