Revolut plans 2027 U.S. bank with stablecoin access and FDIC-insured accounts

Revolut's new U.S. CEO Cetin Duransoy told Reuters the fintech expects to launch its U.S. bank in 2027 after applying for a national bank charter in March. The plan is to bundle FDIC-insured checking and high-yield investment accounts with stablecoin access, multi-currency deposits, stock trading and crypto. Revolut has 75 million global users but only 1 million in the U.S., so the stablecoin angle looks less like a standalone crypto push and more like a wedge into cross-border banking.

TLDR by @Benthic

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