Revolut launches euro-backed stablecoin EURR in Denmark, Poland, and Portugal

Revolut introduces euro-pegged stablecoin EURR

Revolut, a financial technology company, has started offering its first euro-backed stablecoin called EURR. The stablecoin is now available to selected customers in Denmark, Poland, and Portugal as part of a phased rollout.

A stablecoin is a type of digital currency designed to maintain a stable value by being pegged to a traditional currency, like the euro. EURR is set to always equal one euro.

Key details of the EURR launch

• EURR is issued by Bridge Building S.A., a subsidiary of Bridge, which was acquired by Stripe in February 2025.
• The stablecoin is backed by reserves held under the European Union’s Markets in Crypto-Assets (MiCA) regulations.
• EURR will be available within Revolut’s retail app and can be moved between euros and other crypto assets.
• The stablecoin will work across multiple blockchain networks and external wallets.
• Revolut plans to expand EURR to more countries in the European Economic Area later this year.

What Revolut says about EURR

Emil Urmanshin, Head of Crypto at Revolut, stated: "EURR connects 80 million Revolut customers directly to onchain finance. By combining our global scale and licensed banking infrastructure with instant euro-denominated access to the crypto ecosystem, we are unlocking real-world stablecoin utility that no traditional bank or crypto native can match."

What is confirmed about EURR

• EURR is a euro-pegged stablecoin launched by Revolut.
• It is currently available to eligible customers in Denmark, Poland, and Portugal.
• The stablecoin is issued by Bridge Building S.A. and complies with MiCA regulations.
• Revolut plans to expand EURR to more European countries later in 2026.

What is still unclear

• The exact timeline for wider availability across the European Economic Area has not been specified.
• No details were provided about which additional currency-denominated stablecoins Revolut plans to launch.

Why this matters for Revolut customers

EURR allows Revolut customers to use a euro-denominated digital asset within the company’s app. This could make it easier for users to move between traditional money and crypto without relying on other platforms. The stablecoin also works with external wallets and multiple blockchains, which may increase its usefulness for those already involved in crypto.

What happens next

Revolut has announced plans to expand EURR to more countries in the European Economic Area later this year. The company also intends to introduce stablecoins pegged to other currencies.

Sources

• The Block