Revolut Rolls Out Euro-Pegged Stablecoin in Europe Amid MiCA Compliance Push

Revolut is expanding its stablecoin offerings in Europe by launching EURR, a euro-pegged token that will be available to eligible customers in Denmark, Poland, and Portugal. The rollout marks the first regulated crypto token built specifically for the eurozone, a significant development in the region's compliance push for stablecoins.

The EURR stablecoin is issued by Bridge Building S.A., a Luxembourg entity owned by Bridge, which was acquired by Stripe for $1.1 billion in February 2025. The token operates under the EU's MiCA regulation and is offered to customers through Revolut Digital Assets Europe, which is authorized through the Cyprus Securities and Exchange Commission.

Revolut has simultaneously removed Tether's USDT from EEA and Swiss accounts, giving existing holders until August 31 to sell or transfer their tokens. The move reflects the company's commitment to complying with MiCA regulations, which have created a new compliance profile for stablecoin issuers and crypto service providers in the EU.

The launch of EURR is part of Revolut's broader strategy to bring its 80 million customers into onchain finance without forcing them through a dollar-denominated detour. The company plans to extend EURR across multiple blockchain networks, including Ethereum, and eventually allow customers to move the token into external wallets.