Polygon officially announced that Revolut's on-chain transaction volume has surpassed $1.2 billion. This further deepens the European fintech company's commitment to blockchain. Revolut had previously applied to the U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC) for a U.S. national banking license to operate under the name Revolut Bank US, NA. If granted the license, Revolut would have direct access to the Fedwire and ACH systems, offering FDIC-insured deposit services and operating in all 50 states under a unified federal framework.