Revolut has initiated a phased rollout of its euro-denominated stablecoin, EURR, to selected customers in Denmark, Poland and Portugal. The token is issued by Bridge Building S.A., a Luxembourg-based entity operated by Stripe’s stablecoin infrastructure unit Bridge, and will be integrated into Revolut’s retail app.
EURR is designed to maintain a 1:1 peg with the euro and is backed by reserves managed in compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA). The token will operate across multiple blockchain networks and will be transferable to external wallets. Revolut has indicated that the phased rollout will expand to additional European Economic Area (EEA) markets later in 2025, pending regulatory, operational and product readiness.
The launch follows Revolut’s decision to withdraw Tether’s USDT from the EEA and Switzerland. Customers holding USDT balances were notified that remaining balances would be converted into their base currencies after August 31, 2025. Revolut Digital Assets Europe will oversee the distribution of EURR.
EURR represents the first phase of Revolut’s broader stablecoin strategy, with the company exploring the development of tokens pegged to other currencies through separate regulatory pathways. No additional currencies were specified in the announcement.
