Key Takeaways
- Revolut has started rolling out its first euro-backed stablecoin, EURR, to selected customers in Denmark, Poland and Portugal.
- EURR is issued by Stripe-owned Bridge and is designed to maintain a €1 value under the EU’s MiCA framework.
- Revolut has more than 80 million retail customers, but the initial EURR rollout remains limited and starts with a very small circulating supply.
Revolut is taking a bigger step into blockchain-based payments with the rollout of EURR, its first euro-backed stablecoin, initially available to selected customers in Denmark, Poland and Portugal.
The fintech said EURR will be integrated directly into the Revolut retail app, allowing eligible customers to move between euros, crypto and external wallets without first converting their money into a dollar-backed stablecoin. Revolut plans to expand EURR across the European Economic Area later in 2026, subject to regulatory and operational readiness.
The launch comes as Revolut’s customer base has surpassed 80 million retail users globally, according to the company’s latest figures, with more than 16 million customers using its crypto services. That gives EURR a potentially large distribution network if Revolut eventually opens the product beyond the three-country pilot.
What Is Revolut’s EURR Stablecoin?
EURR is designed to maintain a value of €1, but Revolut itself is not the legal issuer.
The token is issued by Bridge Building S.A., the Luxembourg-based entity owned by Stripe. Bridge holds and manages the reserves backing EURR, while Revolut Digital Assets Europe provides access through its crypto platform. Bridge operates as a regulated electronic money institution, while the token is structured as an electronic money token under Europe’s Markets in Crypto-Assets rules.
EURR is available on Ethereum and Polygon, allowing users to move euro-denominated value outside Revolut and into supported blockchain wallets and applications.
That external transfer capability is important. Revolut already lets customers hold euros and cryptocurrencies inside one app. EURR adds a euro balance that can leave Revolut’s internal system and move across public blockchain networks.
Revolut Product Owner for Stablecoin Iman Olya said the company wants EURR to reduce friction in moving money on and off-chain, building on Revolut’s original focus on cheaper, faster currency exchange.
80 Million Users Does Not Mean 80 Million EURR Holders
The size of Revolut’s customer base makes the launch notable, but EURR is starting from a much smaller base than the 80 million figure might suggest.
Bridge’s reserve dashboard showed just 374 EURR in circulation, backed by €374 in cash deposits, shortly before the customer rollout. That points to a controlled pilot rather than a large-scale stablecoin launch with substantial liquidity from day one.
Revolut is also entering a market where established euro stablecoins already have a head start. Circle’s EURC has become the largest MiCA-compliant euro stablecoin, while products including Banking Circle’s EURI and Société Générale-FORGE’s EUR CoinVertible are also competing for institutional and crypto demand.
Revolut’s advantage could instead be distribution.
Rather than convincing crypto users to open another account, the company can put EURR directly in front of millions of existing banking and crypto customers. Revolut has already confirmed that stablecoins pegged to other currencies are in development, suggesting that EURR may be the first step in a broader strategy to connect its traditional currency business with public blockchains.
The test now is whether customers actually move EURR outside the Revolut app. Growth in circulating supply, external wallet activity, and integrations with exchanges and DeFi platforms will indicate whether the token develops into a widely used euro payment rail or remains primarily a simpler bridge between Revolut’s fiat and crypto services.
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Dr. Guneet Kaur is a senior editor at CCN.com and a Science Fellow at Exponential Science. She is a fintech and blockchain expert with extensive experience in digital finance education, blockchain ecosystems, and cryptocurrency markets. She has worked with global media such as Cointelegraph, as well as education and blockchain platforms, to design and lead strategic content and learning initiatives. As an educator and assessor for top-tier executive programs, she bridges real-world fintech trends with academic insight.
Dr. Kaur is also a published researcher and peer reviewer across fintech and data science journals, including Financial Innovation Journal and International Journal of Big Data Intelligence and Applications. Her work spans data-driven analysis, Web3 innovation, and technical content development. With a strong foundation in both industry and academia, she translates complex financial technologies into practical applications, empowering learners, professionals, and institutions across the rapidly evolving digital finance landscape.
