Revolut Rolls Out Euro-Backed Stablecoin EURR Through Bridge Partnership

Revolut has launched a euro-backed stablecoin called EURR in collaboration with Bridge, a firm owned by Stripe that provides stablecoin infrastructure. This marks the first deployment of a custom stablecoin through Bridge's platform for a European client, following its subsidiary's recent receipt of a Luxembourg MiCA license as an electronic money issuer.

The EURR token is integrated directly into Revolut's retail app and is initially available to select customers in Denmark, Poland, and Portugal. The stablecoin will be supported on Ethereum, Polygon, and Solana, with plans to expand to up to eight blockchain networks over time.