Revolut Launches Euro-Denominated Stablecoin in Three European Countries

cryptonews.ruPublicado em 2026-08-26Última atualização em 2026-08-26

Resumo

Revolut has launched its first stablecoin, the euro-pegged EURR, initially rolling it out to select customers in Denmark, Poland, and Portugal. A broader phased rollout across the broader European Economic Area (EEA) is planned for later this year, contingent on product readiness and regulatory infrastructure. The EURR token is issued by Bridge Building S.A., a Luxembourg-registered entity owned by Stripe, which manages the stablecoin's reserves in compliance with the EU's Markets in Crypto-Assets (MiCA) regulation. This launch introduces a MiCA-compliant stablecoin to Revolut's platform as it phases out Tether's USDT from the EEA and Switzerland, converting remaining USDT balances to customers' base currencies after August 31. The EURR will be integrated into Revolut's retail app, support multiple blockchain networks, and be transferable to external wallets. Revolut describes this as the first step in a broader multi-currency stablecoin strategy, with other currency-denominated tokens under development.

Revolut has begun a phased rollout of its first stablecoin—the euro-pegged EURR token—to select clients in Denmark, Poland, and Portugal.

In a statement shared with Cointelegraph on Wednesday, the company stated that the phased launch will expand to other markets in the European Economic Area (EEA) later this year. This will proceed when the product, operational, and regulatory infrastructure are ready.

EURR is issued by Bridge Building S.A., a Luxembourg-registered entity of Stripe-owned company Bridge, which specializes in stablecoin infrastructure. Revolut said EURR will be integrated into its retail app, operate across multiple blockchain networks, and be transferable to external wallets.

The launch introduces a Markets in Crypto-Assets Regulation (MiCA)-compliant stablecoin to Revolut, coinciding with Tether's USDT withdrawal from the EEA and Switzerland. Revolut previously announced that remaining USDT balances will be converted into clients' base currencies after August 31.

EURR is designed to maintain a value pegged to €1. Reserves backing the token are held and managed by Bridge in compliance with EU MiCA requirements. EURR is accessible via Revolut Digital Assets Europe.

Revolut indicated that EURR is the first step in a broader stablecoin strategy. The company is developing tokens denominated in other currencies through separate regulatory processes. Revolut did not specify which currencies are under consideration.

Related: Revolut Receives Preliminary Approval from UAE Authorities to Offer Cryptocurrency Services

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Perguntas relacionadas

QIn which three European countries is Revolut initially launching its new Euro-pegged stablecoin?

ADenmark, Poland, and Portugal.

QWhat is the name of Revolut's new Euro-pegged stablecoin and who is its issuer?

AThe stablecoin is called EURR and is issued by Bridge Building S.A., a Luxembourg-registered entity of the company Bridge, which is owned by Stripe.

QWhat is the relationship between the launch of EURR and the removal of Tether's USDT in the EEA and Switzerland according to the article?

AThe launch of the MiCA-compliant EURR stablecoin coincides with Revolut removing Tether's USDT for users in the European Economic Area (EEA) and Switzerland.

QWhat does Bridge do, and what is its responsibility regarding the EURR stablecoin reserves?

ABridge operates stablecoin infrastructure. It is responsible for holding and controlling the reserves backing the EURR token in compliance with the EU's MiCA regulations.

QAccording to Revolut, what does the launch of EURR represent for the company's strategy?

AThe launch of EURR is described as the first step of a broader stablecoin strategy. Revolut is developing stablecoins denominated in other currencies as part of separate regulatory processes.

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