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Revolut Launches Euro Stablecoin EURR in Three EU Markets

Published 5 days ago

The UK fintech debuts a euro-pegged stablecoin starting in Denmark, Poland, and Portugal, with plans to expand across the EEA later this year.

Revolut Launches Euro Stablecoin EURR in Three EU Markets

New Euro Stablecoin Offering

The fintech has introduced EURR, a euro-pegged stablecoin designed to hold a stable value of €1.00. The digital token works across supported crypto services, external wallets, and compatible blockchain networks.

Bridge Building, a MiCA-registered crypto-asset service provider owned by Stripe's stablecoin infrastructure subsidiary, issues the e-money token. Revolut Digital Assets Europe will distribute the product to customers.

Phased Rollout Strategy

The company announced on LinkedIn that eligible customers in Denmark, Poland, and Portugal will gain access to EURR this month as part of an initial launch phase.

Unlike most stablecoins, which are pegged to the US dollar, EURR gives eligible customers a euro-based alternative without taking on US dollar exposure.

According to Bloomberg, the fintech plans to bring EURR to additional European Economic Area markets later in 2026. The stablecoin will integrate directly into the Revolut app, enabling users to move seamlessly between euros and on-chain crypto.

Customer Base and Reach

More than 80 million customers across over 40 markets use the Revolut app for payments, crypto, and other financial services. The new stablecoin offering taps into this existing user base, giving euro-zone customers a local-currency digital asset option.

Industry Stablecoin Push

The launch comes as payment firms and banks accelerate stablecoin initiatives. Visa and Klarna Group have both announced stablecoin projects, while Western Union introduced USDPT, a US dollar-denominated payment stablecoin, earlier this year.

Revolut's euro-focused approach sets it apart in a market where dollar-pegged tokens have dominated. The move reflects growing demand for stablecoins tied to major currencies beyond the US dollar.

Source

Original coverage by Electronic Payments International.

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