Revolut Rolls Out Bridge-Issued EURR Stablecoin in Europe
Fintech giant Revolut has begun rolling out the EURR euro-pegged stablecoin issued by Bridge to selected European users.
Revolut has commenced the distribution of EURR, a euro-denominated stablecoin issued by compliance-focused platform Bridge, to selected users across three European markets.
The initiative expands institutional stablecoin offerings across Europe, competing directly with established tokens such as Circle's EURC. By leveraging a regulated issuer framework, Revolut aims to enhance euro-based liquidity on-chain while meeting regional regulatory standards.
While EURR's circulating supply remains in early development stages, the rollout signals increasing adoption of fiat-backed assets by major fintech firms looking to bridge Web3 rails with conventional banking rails.
Key takeaways
- Revolut launches EURR pilot in three European nations.
- Bridge serves as the regulated issuer for the euro stablecoin.
- The move intensifies competition in the compliant euro stablecoin market.