Revolut Unveils EURR Euro Stablecoin in Multi-Currency Push

Revolut has introduced a euro-backed stablecoin called EURR as part of its multi-currency plan. The move comes less than a year after Revolut received approval to operate with crypto assets in the EU.

The stablecoin's phased rollout began on Wednesday, initially available to select customers in Denmark, Poland, and Portugal.

Revolut is one of several neobanks racing to build their digital asset offerings as banks globally adapt to new market demands.