Revolut Unveils Euro Stablecoin in Three European Markets
Revolut has launched its first stablecoin, EURR, in three European markets. The euro-pegged token is available to selected customers in Denmark, Poland, and Portugal. Revolut plans to expand the rollout to other European Economic Area (EEA) markets later this year, subject to product, operational, and regulatory readiness.
EURR is issued by Bridge Building S.A., a Luxembourg-based entity of Stripe-owned stablecoin infrastructure company Bridge. The token will be integrated into Revolut's retail app and support multiple blockchain networks. External wallet transfers will be available immediately for select customers, with the feature rolling out more broadly as liquidity builds.
Revolut's standard crypto trading and remittance limits apply to EURR, while fiat transactions carry no fees or spreads. The token is designed to maintain a value of one euro and is backed by reserves held and managed by Bridge in accordance with the European Union's MiCA rules.