Revolut Launches Euro Stablecoin EURR

Fintech giant Revolut has launched its first euro-denominated stablecoin, EURR, aiming to bridge traditional finance with the crypto ecosystem. Initially available to a limited customer base in Denmark, Poland, and Portugal, the token is slated for a broader European Economic Area (EEA) launch later this year.

Issued by Bridge, a firm acquired by Stripe, EURR operates under the EU's Markets in Crypto-Assets (MiCA) regulatory framework. This positions EURR as a regulated digital asset designed for seamless on-and-off-ramping between fiat euros and cryptocurrencies. Revolut plans to expand support beyond its initial Ethereum and Polygon deployments to include networks like Solana, Arbitrum, and TON.

Revolut envisions EURR as a utility for its 80 million customers, offering a direct on-chain financial channel. The company highlights the combination of its large user base and licensed banking infrastructure as a key differentiator. This move follows Revolut's strategy of integrating digital assets into its core offerings, potentially lowering barriers for mainstream adoption of stablecoins and other crypto services.