Revolut Plans to Launch U.S. Bank With FDIC-Insured Accounts and Crypto Trading in 2027

According to Reuters, Revolut plans to launch a U.S. bank in 2027 that will offer FDIC-insured deposits, stablecoin access, and trading in stocks and cryptocurrencies, U.S. Chief Executive Cetin Duransoy said on Tuesday. The British fintech applied for a national bank charter in March, submitting its application to the Office of the Comptroller of the Currency and the FDIC. The federally chartered bank would allow Revolut to offer insured deposits directly and gain access to Federal Reserve payment systems. The operation will be fully digital, routing customers through ATM networks rather than physical branches, and will be headquartered in Stamford, Connecticut.
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