The new token is issued by Bridge Building S.A., a Luxembourg-based entity under the infrastructure firm Bridge, which Stripe acquired for $1.1 billion last year. Designed to maintain a 1:1 parity with the euro, EURR operates on the Ethereum network, with reserves managed under strict MiCA standards. Revolut Digital Assets Europe, which holds authorization from the Cyprus Securities and Exchange Commission, is facilitating the distribution.
In section Cryptocurrency
Revolut enters stablecoin market with MiCA-compliant EURR
Revolut is rolling out its first euro-pegged stablecoin, EURR, to select users in Denmark, Poland, and Portugal. By launching an asset fully compliant with the European Union’s Markets in Crypto-Assets regulation, the fintech giant aims to integrate onchain euro transactions directly into its retail banking application.
This launch marks a strategic shift in Revolut’s digital asset strategy as the company phases out support for Tether’s USDT across the European Economic Area to align with regional regulatory requirements. While initial access to EURR is limited to three countries, the firm plans a broader rollout across the EEA later this year. Customers can currently use the stablecoin to bridge fiat and crypto balances without needing to convert funds into dollar-denominated assets first. Although external wallet transfers are currently restricted to a subset of users, the company intends to expand liquidity and network support as the product matures.
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