Revolut Enters Euro Stablecoin Market Amid Broader Regulatory Focus

Revolut has entered the euro stablecoin market with its new offering, EURR. The token is backed one-for-one by euro-denominated reserves and operates on Ethereum and Polygon.

The launch gives Revolut a live euro stablecoin offering under the EU's MiCA framework, but its initial supply of EUR 374 is far below established rivals such as Circle's EURC.

Meanwhile, IG faced technical disruptions when clients reported login failures across its web and mobile trading platforms. The problem was later resolved by the broker.