Revolut and Trust Wallet Launch Instant Crypto Purchases in EU with Self-Custody Focus
Revolut and Trust Wallet have partnered to enable instant cryptocurrency purchases in the European Union through a new service called RevolutPay. Users can fund these purchases via debit or credit cards, or bank transfers, with some transactions featuring zero fees.
Purchases are transferred directly from users' funding sources into Trust Wallet, a self-custodial application, bypassing centralized exchanges. Initially, supported assets include Bitcoin, Ethereum, Solana, USDC, and USDT, with plans to add further assets in the future.
This development aligns with Revolut's ongoing expansion into the crypto market, following the company securing a Markets in Crypto Assets (MiCA) license within the EU. Revolut's valuation currently stands at approximately $75 billion after a recent secondary share sale. In 2024, Revolut reported $4 billion in revenue and $1.4 billion in pre-tax profit, and has recently expanded its offerings with new banking licenses in Mexico and Colombia.
Additionally, in November 2025, Revolut began collaborating with Polygon Labs to facilitate crypto remittances in USDC, USDT, and POL tokens via the Polygon blockchain.
Trust Wallet, owned by Binance, reportedly serves over 220 million users. This announcement highlights the emphasis on providing users full control over their assets from the moment of purchase.
