Key Highlights
- Revolut now enables instant crypto purchases within the Trust Wallet app across the EEA.
- Users can fund their wallets with 0% fees when paying directly with their Revolut balance.
- The partnership simplifies fiat-to-crypto transfers while ensuring user self-custody of assets.
Fintech firm Revolut and leading self-custody wallet Trust Wallet have announced a new integration across the European Economic Area (EEA), enabling Trust Wallet users to buy cryptocurrencies instantly.
The integration directly embeds Revolut’s payment infrastructure, Revolut Ramp, into the wallet app to let users fund their wallets quickly and, where possible, without commission when paying with an existing Revolut balance.
The collaboration aims to give millions of European customers a faster, cheaper, and more accessible route from traditional fiat currency into the decentralized crypto ecosystem while retaining full control of their assets.
Mechanism and fee structure
The partnership places Revolut as a payment option within the Trust Wallet interface. Users who would click the option to “Buy crypto” or “Fund” in their wallet will now be able to choose Revolut Pay, which might appear as RPay, Revolut, or something similar, as their go-to payment method. This route enables instant buys, a feature that counters one of the most prevalent pain points of long transaction wait times that have plagued the industry.
During the initial rollout, only major tokens such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are supported. The service is available across all EEA regions supported by Revolut. The main feature of the launch is the 0% fee structure applied when customers use their stored Revolut balance for purchases, although standard blockchain network fees still apply.
Merging user bases
This integration brings together two of the largest user bases in digital finance. Trust Wallet, on its part, is one of the prominent self-custody wallets, with claims of over 200 million users across the globe, based on a model that dictates sole ownership of private keys by the user.
Revolut is serving over 65 million customers worldwide. The company has been continuously expanding its crypto services, acquiring relevant regulatory approvals, such as the MiCA license via Cyprus, allowing it to offer its crypto services throughout the EEA.
Previously, users buying crypto and transferring it into a self-custodial wallet required navigating multiple exchanges or payment apps, which complicated the process, increased fees, and made wait times much longer. With a direct gateway, the partnership tackles this complexity in pursuit of an easier onboarding process for new and existing crypto users in Europe.
The plan going forward will make the commitment to even further expansion of access to digital assets. While the first-cut selection of tokens focuses on core assets like BTC, ETH, and SOL, intentions are in place to widen the coverage to include other tokens available on the Revolut platform, with notable mentions being major stablecoins such as USDC.
This integration reinforces the pattern where fintech platforms aim to bridge the gap between regulated banking services and the DeFi world, particularly in a compliant European regulatory environment. The basic implication is that millions of Revolut customers now have an easier way to enter the self-custody space and advance the principle of full ownership for users of digital assets.
Streamlining Web3 onboarding
The launch of Revolut Pay within Trust Wallet streamlines the process of acquiring and owning digital assets in Europe.
By allowing instant, low-cost funding from a financial app directly into a self-custody wallet, this partnership will effectively cut through many layers of friction that have come with Web3 onboarding. This is done to help normalize moving between fiat and crypto, with security and user control paramount for customers throughout the European Economic Area.
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