Revolut Launches EURR Stablecoin
Revolut has started rolling out its first stablecoin, EURR, a euro-pegged digital asset initially available to selected customers in Denmark, Poland and Portugal.
The fintech company plans to expand EURR to additional European Economic Area (EEA) markets later this year, subject to regulatory, operational and product readiness.
EURR is issued by Bridge Building S.A., a Luxembourg-based stablecoin infrastructure company owned by Stripe. Revolut is offering the token through its European digital-assets business.
Revolut
EURR Is Designed for 1:1 Euro Value
EURR is designed to maintain a value of one euro and is backed by reserves managed by Bridge under the European Union's Markets in Crypto-Assets (MiCA) framework.
Revolut's own crypto risk disclosures identify EURR as an electronic money token issued by Bridge Building S.A., which is authorized and supervised by Luxembourg's financial regulator, the CSSF. Holders have a right to redeem EURR at par value, subject to the applicable terms and redemption process.
EURR reserve information from Bridge
The token is also designed to work across multiple blockchain networks and can be transferred to external wallets, giving users more flexibility than a stablecoin restricted to an internal platform.
Revolut Moves Away From USDT in Europe
The launch comes as Revolut adjusts its stablecoin offering in response to Europe's evolving regulatory environment.
The company has been removing Tether's USDT from its EEA and Swiss offerings as MiCA's stablecoin requirements take effect. EURR gives Revolut a euro-denominated alternative that is designed specifically for the European regulatory environment.
MiCA has increasingly pushed crypto platforms toward regulated stablecoins and greater transparency around reserves, issuance and redemption.
Stablecoins Become a Bigger Part of Revolut's Strategy
EURR represents more than a new trading asset for Revolut. The company said the launch is the first step in a broader stablecoin strategy, with additional currency-denominated tokens potentially following through separate regulatory pathways.
Revolut already supports stablecoin transfers to external wallets and has expanded its crypto infrastructure across multiple markets.
The move also comes as Revolut continues expanding its regulated financial operations in Europe. In August, Revolut announced that its French entity had received a full banking license following assessment by French and European regulators.
Why EURR Matters for European Crypto
The launch highlights the growing role of euro-denominated stablecoins as European crypto regulation becomes more established.
For users, EURR could provide a regulated digital representation of the euro that can move between Revolut and supported external wallets. For the broader crypto industry, the rollout demonstrates how traditional fintech companies are increasingly integrating stablecoins directly into consumer financial products.
Revolut's phased approach also shows that regulatory compliance remains a major consideration when launching stablecoins across the EEA.
Conclusion
Revolut's EURR stablecoin gives the company a dedicated euro-denominated digital asset as it expands its crypto offering under Europe's MiCA framework.
Starting with Denmark, Poland and Portugal, the rollout is expected to expand across the EEA later this year. If Revolut successfully scales EURR across Europe, the token could become an important part of the company's broader strategy to connect traditional finance with blockchain-based payments and digital assets.
