Revolut started the gradual launch of EURRhis first stablecoin pegged to the euro. The new token is issued by Bridge, a company acquired by Stripe in February 2025, and is integrated directly into the application intended for the fintech’s private customers. The initial phase involves a selected group of eligible users in Denmark, Poland and PortugalWhile wider availability is expected in other markets of the European Economic Area over the course of the yearsubject to completion of technical, operational and regulatory requirements.
EURR was born with the aim of connect the ecosystem of traditional currencies to that of cryptocurrencies more directly. In fact, the stablecoin allows the euro to be represented on-chain and to transfer value between euros and digital assetsmaking Revolut’s fiat currency, foreign exchange and cryptocurrency services interact within the same infrastructure.
The project is part of a broader strategy dedicated to stablecoins. According to what was communicated by the company, additional tokens denominated in other currencies are already being developed through separate regulatory paths. Revolut considers stablecoins to be relevant infrastructure for the cryptocurrency economy, particularly for trading, settlement and transfer activities between different blockchain networks. The company also identifies possible future applications in international payments, corporate transactions and settlement activities.
From a technical and financial point of view, EURR is designed to maintain a nominal value of 1 euro. The token is backed by reserves held and managed by the issuer Bridge Building SA in accordance with requirements established by the European MiCA regulation. The stablecoin is also designed to operate across multiple blockchain networks and with external walletsexpanding its usability outside of the environment directly integrated into the Revolut app.
“EURR directly connects 80 million Revolut customers to on-chain finance. By combining our global reach and permissioned banking infrastructure with instant euro-denominated access to the cryptocurrency ecosystem, we are unlocking the practical potential of stablecoins that no traditional bank or native crypto platform can match,” said Emil Urmanshin, Head of Crypto and New Bets at Revolut.
Iman Olya, Product Owner – Stablecoins at Revolut, explained that the goal is to reduce barriers in switching between the two ecosystems: “Revolut initially eliminated hidden fees and friction in currency exchange – now we are doing exactly the same thing for cryptocurrencies. EURR completely removes the difficulty of switching from on-chain to off-chain and vice versabecoming a new seamless and instant bridge between fiat currencies and cryptocurrencies.”
