Revolut began rolling out EURR, its first euro-denominated stablecoin, opening the token to what the company called a \u201cselect group of customers\u201d in Denmark, Poland, and Portugal ahead of a wider European Economic Area (EEA) launch expected later this year.<\/p>\n
The token is issued by Bridge, the stablecoin infrastructure firm Stripe acquired for $1.1 billion in 2025, and sits inside Revolut\u2019s retail app as what Revolut describes as a \u201ceuro-denominated, on-chain rail\u201d between euros and crypto.<\/p>\n
Bridge Building S.A., the issuer\u2019s Luxembourg entity, holds the reserves and redeems EURR at \u20ac1.00 per token under the EU\u2019s Markets in Crypto-Assets (MiCA) framework, a register that grew<\/a> to 14 stablecoin issuers and 39 licensed service providers in its early months.<\/p>\n Bridge announced its own electronic money institution license and MiCA authorization covering all 27 EU member states on July 2.<\/p>\n \u201cEURR connects 80 million Revolut customers directly to on-chain finance,\u201d said Emil Urmanshin, Head of Crypto and New Bets at Revolut, adding that the combination of scale and licensed banking infrastructure is \u201cunlocking real-world stablecoin utility that no traditional bank or crypto native can match.\u201d<\/p>\n The public offer opened on August 20 on Ethereum and Polygon, according to the company\u2019s blog post<\/a>, which names Revolut Digital Assets Europe Ltd as sole distributor and lists Revolut X, the firm\u2019s standalone exchange, as a second distribution channel. Support for Solana, Arbitrum, Optimism, Avalanche, Injective, TON, and Sui is planned.<\/p>\n Revolut\u2019s token also shares its ticker with an existing MiCA-authorized euro stablecoin from StablR, which CoinGecko lists under the same EURR symbol.<\/p>\n Revolut said additional currency-denominated stablecoins are in development through separate regulatory pathways, and the broader EEA rollout of EURR remains subject to regulatory, operational, and product readiness.<\/p>\n \u201cRevolut initially eliminated hidden fees and friction in currency exchange. EURR completely removes the pain of moving on and off-chain, becoming a new seamless and instantaneous bridge between fiat and crypto,\u201d noted Iman Olya, product owner of stablecoin at Revolut.<\/p>\n Revolut began rolling out its UK bank after the Prudential Regulation Authority removed<\/a> the limits on its banking license in March, also starting with a small group of customers. Circle\u2019s EURC, the largest regulated euro stablecoin<\/a> by market capitalization, held about \u20ac394 million in circulation today, per CoinGecko.<\/p>\n The post Revolut Launches First Euro Stablecoin EURR: Here\u2019s Where It\u2019s Available<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Revolut began rolling out EURR, its first euro-denominated stablecoin, opening the token to what the company called a \u201cselect group of customers\u201d in Denmark, Poland, and Portugal ahead of a wider European Economic Area (EEA) launch expected later this year. The token is issued by Bridge, the stablecoin infrastructure firm Stripe acquired for $1.1 billion […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-218969","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/218969"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=218969"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/218969\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=218969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=218969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=218969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Revolut Queues More Currency Tokens<\/h2>\n