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The Defiant 15h ago

Revolut Launches EURR Stablecoin Distribution via Bridge Partnership

Revolut has begun rolling out the regulated EURR stablecoin to select European users in partnership with issuer Bridge.

Revolut Launches EURR Stablecoin Distribution via Bridge Partnership

Fintech firm Revolut has introduced EURR, a euro-pegged stablecoin issued by regulated entity Bridge, to a limited set of users across three European markets. The move marks an expansion of Revolut's on-chain asset offerings under compliance-focused frameworks.

Regulated euro stablecoins remain a growing segment as platforms adapt to Europe's evolving regulatory landscape. While EURR circulation currently stands at negligible levels, Bridge aims to challenge dominant rivals like Circle's EURC in the licensed euro token sector.

The deployment provides a regulated on-ramp for European retail users seeking native-currency digital assets, potentially driving higher liquidity for compliant euro stablecoin pairs on integrated platforms.

Key takeaways

  • Revolut launched EURR for select users across three European countries.
  • The stablecoin is issued by Bridge under a regulated framework.
  • The move increases competition in the regulated euro stablecoin sector against EURC.
Source: The Defiant