Revolut Unveils EURR Stablecoin in Three European Markets

Revolut has launched its first stablecoin offering, EURR, in Denmark, Poland, and Portugal. The euro-pegged token is backed by euro-denominated reserves held and managed by Bridge, a Luxembourg-based subsidiary of a stablecoin infrastructure company owned by Stripe. The rollout covers approximately 2 million customers, with a broader European Economic Area (EEA) rollout planned for later in 2026.

EURR has launched on the Ethereum network, with external wallet transfers available for some customers. Fiat transactions will carry no fees or spreads, and Revolut's standard crypto trading and remittance limits will apply. The three countries were chosen based on their market size, according to a Revolut spokesperson.

The EURR rollout coincides with Revolut's decision to remove Tether (USDT) from the EEA and Switzerland. Remaining USDT balances held by customers in those markets will be converted into their base currencies after August 31, 2026. Revolut described EURR as the opening move in a wider stablecoin plan, with support for additional blockchain networks beyond Ethereum also planned.