Revolut starts rolling out EURR, its euro-denominated stablecoin

Revolut has begun issuing a euro stablecoin to selected customers in Denmark, Poland and Portugal, days before it drops support for USDT across the EEA and Switzerland. What changed Revolut said it has started a phased rollout of EURR, a euro-pegged stablecoin redeemable one-for-one, to a selected group of customers in Denmark, Poland and Portugal, with further European Economic Area markets to follow later in the year. The token is legally issued by Bridge, a Stripe-owned electronic money institution supervised in Luxembourg, and is deployed on Ethereum and Polygon with reserves held in segregated accounts at regulated banks or in eligible liquid euro instruments. Revolut is integrating EURR into its retail app so customers can move between euro balances and on-chain value, and has described it as the first of several planned currency-denominated tokens. The rollout lands immediately before Revolut stops supporting USDT for EEA and Swiss customers on 31 August 2026, a consequence of that token not holding MiCA authorisation.