Revolut has launched EURR, its first euro-denominated stablecoin, issued by Bridge—the stablecoin infrastructure firm acquired by Stripe for $1.1 billion. The token is now available to a select group of customers in Denmark, Poland, and Portugal, with a wider European Economic Area rollout expected later this year. Issued under the EU’s MiCA framework by Bridge Building S.A. in Luxembourg, EURR is redeemable at €1.00 per token. Revolut plans to add support for multiple blockchain networks including Solana, Arbitrum, and TON, while additional currency-denominated stablecoins are in development.
Revolut began rolling out EURR, its first euro-denominated stablecoin, to a “select group of customers” in Denmark, Poland, and Portugal, according to a company announcement. A wider European Economic Area launch is expected later this year.
The token is issued by Bridge, the stablecoin infrastructure firm acquired by Stripe for $1.1 billion. It sits inside Revolut’s retail app, functioning as a “euro-denominated, on-chain rail” between euros and crypto.
Bridge Building S.A., the issuer’s Luxembourg entity, holds the reserves and redeems EURR at €1.00 per token under the EU’s MiCA framework. Bridge announced its own electronic money institution license and MiCA authorization covering all 27 EU member states on July 2.
“EURR connects 80 million Revolut customers directly to on-chain finance,” said Emil Urmanshin, Head of Crypto and New Bets at Revolut. He added that the combination of scale and licensed banking infrastructure is “unlocking real-world stablecoin utility that no traditional bank or crypto native can match.”
The public offer opened on August 20 on Ethereum and Polygon, as stated. Support for Solana, Arbitrum, Optimism, Avalanche, Injective, TON, and Sui is planned.
Revolut’s token shares its ticker with an existing MiCA-authorized euro stablecoin from StablR. Revolut said additional currency-denominated stablecoins are in development through separate regulatory pathways.
“Revolut initially eliminated hidden fees and friction in currency exchange. EURR completely removes the pain of moving on and off-chain,” noted Iman Olya, product owner of stablecoin at Revolut. Circle’s EURC, the largest regulated euro stablecoin by market capitalization, held approximately $438 million in circulation today.
