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      Revolut Introduces Euro-Pegged Stablecoin EURR in Denmark, Poland, and Portugal

      Revolut has officially launched its first euro-pegged stablecoin, EURR, to select customers in Denmark, Poland, and Portugal. This stablecoin is issued by Bridge Building S.A., a Luxembourg-based entity associated with Stripe's stablecoin infrastructure. EURR will be integrated into the Revolut retail app and is expected to support multiple blockchain networks and external wallet transfers in the future.

      Initially, EURR will operate on the Ethereum blockchain, with external wallet transfers available to select customers as liquidity increases. The stablecoin aims to maintain a value equivalent to one euro, with reserves managed by Bridge Building S.A. in compliance with EU MiCA regulations. Revolut Digital Assets Europe is responsible for the issuance of the token.

      The introduction of EURR marks the beginning of Revolut's broader stablecoin strategy, which includes plans for additional currency-pegged tokens developed through independent regulatory pathways. This launch follows Revolut's recent decision to withdraw USDT from the European Economic Area and Switzerland, with remaining balances to be converted to customers' base currencies after August 31. Additionally, the launch coincides with Revolut receiving principled approval for crypto services from authorities in the UAE.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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