Revolut Initiates Rollout of EURR Euro Stablecoin via Bridge
Fintech giant Revolut has begun offering the EURR euro-denominated stablecoin to select users across three jurisdictions in partnership with Bridge.
Digital banking platform Revolut has initiated the distribution of EURR, a euro-pegged stablecoin issued in partnership with regulated entity Bridge. The initial rollout is currently limited to selected customers across three European jurisdictions as part of an early pilot phase.
The move represents Revolut's push into compliant digital asset settlement and tokenized fiat rails under evolving European regulations. Bridge's circulating supply remains in its early stages compared to established competitors like Circle’s EURC, marking an ambitious bid for market share.
If expanded across Revolut's extensive retail base, EURR could significantly boost on-chain euro stablecoin adoption and provide a competitive alternative to dollar-dominated stablecoin liquidity in European decentralized and centralized markets.
Key takeaways
- Revolut pilots EURR stablecoin with regulated issuer Bridge
- Rollout targets select customers across three countries
- Competition heats up against established euro tokens like EURC