Revolut has launched EURR, its first euro-denominated stablecoin, as the fintech company expands its cryptocurrency and blockchain offerings across Europe.
The stablecoin is initially being rolled out to eligible customers in Denmark, Poland and Portugal. Revolut said it plans to expand EURR to additional European markets later this year.
EURR is designed to maintain a value of โฌ1 and provides customers with an on-chain alternative for euro-denominated funds. The stablecoin can be used to move value between fiat currency, cryptocurrencies, external wallets and supported blockchain networks through Revolut’s ecosystem.
The launch comes as stablecoins gain greater attention in Europe following the implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. Revolut’s crypto operations in the European Economic Area are handled by Revolut Digital Assets Europe Ltd, which is licensed as a Crypto-Asset Service Provider under MiCA by Cyprus’ financial regulator CySEC.
EURR is issued by Bridge Building S.A., a company within Bridge, the financial infrastructure platform owned by Stripe. Revolut said Bridge is responsible for issuing the stablecoin, while EURR is integrated into Revolut’s platform for eligible users.
Unlike dollar-backed stablecoins that dominate the cryptocurrency market, EURR is specifically designed around the euro. Revolut said the launch gives European customers an option to hold and transfer digital value without taking exposure to the US dollar simply to access blockchain-based transactions.
The company sees potential applications for EURR beyond cryptocurrency trading. According to Revolut, the stablecoin could support transfers between fiat and digital assets, cross-border payments, business transactions and other blockchain-based financial activities.
Revolut has more than 75 million customers across over 40 markets, according to the company. It has also been expanding its cryptocurrency infrastructure in Europe as regulators introduce clearer requirements for digital asset businesses.
The fintech has already taken steps to align its European crypto operations with MiCA. Its dedicated European crypto entity, Revolut Digital Assets Europe Ltd, received its CySEC licence in 2025, allowing it to continue providing regulated crypto services across the European Economic Area.
EURR is expected to be the first of several stablecoins developed by Revolut. The company said stablecoins linked to other currencies are already in development through separate regulatory pathways.
The launch also comes as Revolut continues expanding its presence in European financial markets. Earlier this month, Revolut Bank received a full banking licence in France following approval by French and European regulators, further strengthening the company’s position in the region.
With EURR, Revolut is combining its existing banking and crypto infrastructure with a euro-based stablecoin, giving eligible European customers another way to move money between traditional financial systems and blockchain networks.
