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The Defiant 3d ago

Revolut Pilots EURR Euro Stablecoin in Partnership With Regulated Issuer Bridge

Fintech firm Revolut has begun rolling out the EURR euro stablecoin to select users across three countries via regulated issuer Bridge.

Revolut Pilots EURR Euro Stablecoin in Partnership With Regulated Issuer Bridge

Fintech app Revolut has launched a pilot rollout of EURR, a euro-pegged stablecoin issued by regulated partner Bridge. The initial rollout is available to eligible customers across three European jurisdictions as the platform expands its native fiat-backed token offerings.

The initiative marks a growing push by mainstream financial platforms to integrate compliant digital assets into everyday payments. Bridge currently reports modest initial issuance compared to Circle's market-leading EURC, highlighting an early-stage deployment focused on regulatory compliance.

Competition in the euro stablecoin sector is heating up as MiCA regulatory standards incentivize compliant alternatives to dollar-dominated markets, potentially accelerating institutional and consumer euro-pegged liquidity.

Key takeaways

  • Revolut rolls out EURR stablecoin to select users in three countries.
  • Bridge serves as the regulated issuing partner for the new asset.
  • Move intensifies competition against established tokens like Circle's EURC.
Source: The Defiant