Revolut Begins Rolling Out Regulated EURR Stablecoin with Bridge
Revolut has initiated the rollout of the EURR stablecoin to select users across three countries in partnership with regulated issuer Bridge.
Revolut has begun introducing EURR, a euro-pegged stablecoin issued by Bridge, to a limited set of customers across three European jurisdictions. The deployment marks an effort to integrate compliant digital fiat assets into the fintech giant's expanding retail app ecosystem.
This partnership provides a compliant alternative in the European stablecoin market as regulatory frameworks under MiCA mature. While Circle's EURC retains the dominant share of euro-backed tokens, Bridge's launch on Revolut establishes a direct distribution channel to millions of retail users.
The expansion is expected to gradually improve on-chain euro liquidity and cross-border settlement options for European traders, fostering competition among regulated fiat-backed asset providers.
Key takeaways
- Revolut introduced the Bridge-issued EURR stablecoin in three jurisdictions.
- The product aims to bolster compliant euro-pegged asset options across Europe.
- The rollout offers direct consumer distribution in competition with Circle's EURC.