๐ช๐บ New: Revolut and Trust Wallet team up for instant Bitcoin and crypto purchases in the EU with full wallet control!
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๐ข What's new?
โ Revolut, the British neobank with 65 million users, and Trust Wallet, the self-custody wallet with 220 million users, announced an integration allowing for instant crypto purchases within the wallet
โ Initially supports Bitcoin, Ethereum, Solana, USDC, and USDT, with the possibility of adding more soon
โ Payment via Revolut Pay, credit/debit cards, or bank transfers, with zero fees in some cases and instant access to assets
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๐ก Analysis:
โ Comes after Revolut received its MiCA license through Cyprus, expanding its services across the European Economic Area without the need for intermediary platforms
โ Focus on self-custody: assets transfer directly to Trust Wallet, maintaining full control for users from the very first moment
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โก Why does it matter to you?
โ Removes barriers to the first crypto purchase, making the process as simple as online shopping, enhancing retail adoption in Europe
โ Opens doors for safe investment in Bitcoin and stablecoins, with support for fast and low-cost transfers in DeFi
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