Revolut Launches Euro-Backed Stablecoin in 3 European Markets

Revolut has launched its first euro-backed stablecoin, EURR, beginning a phased rollout to selected customers in Denmark, Poland, and Portugal on Wednesday, August 26, 2026. The fintech giant's move introduces a regulated, euro-denominated digital token into a European market currently dominated by dollar-pegged alternatives.

The stablecoin is designed to maintain a value of one euro and is fully integrated into Revolut's retail application. It allows eligible users to move value directly between euros, cryptocurrencies, and supported blockchain networks. The token will initially operate on the Ethereum network, with plans to expand to multiple blockchains and enable transfers to external wallets as liquidity builds.

EURR is not issued by Revolut directly. The token is issued by Bridge Building S.A., a Luxembourg-based entity owned by the stablecoin infrastructure company Bridge, which was acquired by Stripe. Bridge holds and manages the reserves backing the token in compliance with the European Union's Markets in Crypto-Assets (MiCA) regulation. Revolut distributes the token through its Cyprus-regulated subsidiary, Revolut Digital Assets Europe.