Revolut plans to launch U.S. bank in 2026 with crypto trading
The planned offering includes FDIC-insured accounts, stablecoin services and checking products as Revolut pursues a national bank charter without opening physical branches in the U.S.
Revolut plans to launch its U.S. bank in 2026, expanding its American offering to include FDIC-insured products such as high-yield investment and checking accounts alongside stablecoin services and crypto trading. The company does not plan to open physical branches in the U.S., though customers would have access to ATM networks. Revolut applied for a U.S. banking charter with the Office of the Comptroller of the Currency in early March after abandoning plans to acquire a U.S. lender, joining a broader wave of applications as U.S. regulators adopt a more receptive stance toward crypto-linked banking activity. The push fits Revolut’s longer-term goal of becoming what it calls the world’s first truly global bank and follows regulatory approval earlier this year to launch a fully licensed bank in the United Kingdom.
- FDIC-insured products: Bank products backed by U.S. federal deposit insurance, subject to applicable coverage rules.
- stablecoin services: Financial services built around digital tokens designed to keep a steady value relative to another asset, often a fiat currency.
- banking charter: A regulatory license that allows a company to operate as a bank under supervisory rules.