Revolut Introduces EURR Stablecoin Across Three European Markets
Revolut has begun rolling out the EURR euro-pegged stablecoin to select users via regulated issuer Bridge.
Digital banking giant Revolut has initiated the rollout of EURR, a euro-backed stablecoin issued by regulated infrastructure provider Bridge. The offering is currently accessible to a targeted group of customers across three European countries as part of an early deployment phase.
This move highlights growing fintech interest in compliant stablecoins pegged to fiat currencies other than the US dollar. Bridge recently reported an initial supply of €374 outstanding, signaling early operational testing relative to established euro competitors such as Circle's EURC.
Expanding access to euro-denominated on-chain assets could accelerate mainstream stablecoin adoption across the European Union, offering users seamless cross-border settlement and direct integration with conventional banking services.
Key takeaways
- Revolut is testing the EURR stablecoin with select customers in three European nations.
- Bridge acts as the regulated issuer for the euro-denominated digital asset.
- The move increases competition in the expanding market for non-USD stablecoins.