Revolut started rolling out EURR, its first euro-denominated stablecoin, opening the token to what the corporate known as a “choose group of consumers” in Denmark, Poland, and Portugal forward of a wider European Financial Space (EEA) launch anticipated later this 12 months.
The token is issued by Bridge, the stablecoin infrastructure agency Stripe acquired for $1.1 billion in 2025, and sits inside Revolut’s retail app as what Revolut describes as a “euro-denominated, on-chain rail” between euros and crypto.
Assist For Extra Networks
Bridge Constructing S.A., the issuer’s Luxembourg entity, holds the reserves and redeems EURR at €1.00 per token underneath the EU’s Markets in Crypto-Belongings (MiCA) framework, a register that grew to 14 stablecoin issuers and 39 licensed service suppliers in its early months.
Bridge introduced its personal digital cash establishment license and MiCA authorization masking all 27 EU member states on July 2.
“EURR connects 80 million Revolut clients on to on-chain finance,” stated Emil Urmanshin, Head of Crypto and New Bets at Revolut, including that the mix of scale and licensed banking infrastructure is “unlocking real-world stablecoin utility that no conventional financial institution or crypto native can match.”
The general public provide opened on August 20 on Ethereum and Polygon, in keeping with the corporate’s weblog publish, which names Revolut Digital Belongings Europe Ltd as sole distributor and lists Revolut X, the agency’s standalone alternate, as a second distribution channel. Assist for Solana, Arbitrum, Optimism, Avalanche, Injective, TON, and Sui is deliberate.
Revolut’s token additionally shares its ticker with an current MiCA-authorized euro stablecoin from StablR, which CoinGecko lists underneath the identical EURR image.
Revolut Queues Extra Forex Tokens
Revolut stated extra currency-denominated stablecoins are in improvement by means of separate regulatory pathways, and the broader EEA rollout of EURR stays topic to regulatory, operational, and product readiness.
“Revolut initially eradicated hidden charges and friction in foreign money alternate. EURR utterly removes the ache of transferring on and off-chain, turning into a brand new seamless and instantaneous bridge between fiat and crypto,” famous Iman Olya, product proprietor of stablecoin at Revolut.
Revolut started rolling out its UK financial institution after the Prudential Regulation Authority eliminated the boundaries on its banking license in March, additionally beginning with a small group of consumers. Circle’s EURC, the most important regulated euro stablecoin by market capitalization, held about €394 million in circulation as we speak, per CoinGecko.
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