Revolut has launched EURR, its first euro-denominated stablecoin, giving select European customers a tokenized route between euros, crypto markets and blockchain transfers inside its expanding digital-asset business.
The initial rollout covers eligible users in Denmark, Poland and Portugal, with wider availability planned later in 2026. EURR is designed to maintain a one-to-one value with the euro and can be redeemed at par through its regulated issuer.
The launch moves Revolut from distributing third-party stablecoins into offering a branded euro token after securing a MiCA license for its European crypto operation last year.
EURR is issued by Bridge Building S.A., a Luxembourg electronic money institution supervised by the Commission de Surveillance du Secteur Financier. Revolut Digital Assets Europe Ltd acts as the offeror and is admitting EURR for trading on Revolut X.
Bridge Building received MiCA authorization in Luxembourg earlier this year, giving the Stripe-owned stablecoin infrastructure company a regulated route to issue and service crypto assets across the European Economic Area.
EURR reserves are held separately from operating funds, while holders can redeem the token against Bridge Building at €1 for each EURR, subject to the applicable redemption process. Reserve information and the token’s crypto-asset white paper are published through Bridge’s dedicated EURR reserve portal.
The structure puts the regulated issuer and the consumer distribution layer in separate entities. Revolut controls the customer-facing product and trading access, while Bridge Building carries the issuance and redemption obligations.
EURR gives eligible Revolut users a euro-native asset that can move between fiat balances, crypto trading and external blockchain infrastructure without first converting through a dollar stablecoin.
That fits a crypto product line that has expanded beyond simple buying and selling. Revolut recently added a physical crypto card that lets customers spend from digital-asset balances, while Revolut X targets higher-volume traders separately from the main banking app.
Europe’s euro stablecoin market is also becoming more competitive. A consortium of 37 banks is backing the Qivalis stablecoin, while Circle, Banking Circle, AllUnity and other regulated issuers already operate euro-pegged tokens under MiCA.
Revolut plans to expand EURR to additional European markets later this year and develop stablecoins linked to other fiat currencies.
The company has positioned the tokens for uses extending beyond crypto trading, including cross-border payments and business transfers. Its European crypto operation already serves customers through a MiCA-authorized entity, while Revolut’s broader customer base has grown above 75 million globally.
EURR is initially available to eligible customers in Denmark, Poland and Portugal, with Bridge Building S.A. responsible for issuance and par redemption.
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