Revolut has begun rolling out its first stablecoin, euro-pegged EURR, to selected customers in Denmark, Poland and Portugal, with expansion across other EEA markets planned later in 2026.
EURR Stablecoin Starts With a Three-Country Rollout
The first distribution covers eligible users in Denmark, Poland and Portugal, with access expected to reach other European Economic Area markets later this year depending on product, operational and regulatory readiness. EURR is issued by Bridge Building S.A., the Luxembourg-based entity of stablecoin infrastructure company Bridge, which Stripe acquired for $1.1 billion in February 2025. The token is designed to maintain a value of 1 euro, with reserves held and managed by Bridge under requirements set by the European Union's Markets in Crypto-Assets regulation.
Revolut Digital Assets Europe is offering EURR to customers through its regulated crypto services entity, which holds authorization under MiCA through the Cyprus Securities and Exchange Commission. At launch, EURR will be available on Ethereum as Revolut gradually increases distribution and liquidity. The company also plans to support the asset across multiple blockchain networks, allowing customers to transfer the token outside Revolut to compatible wallets. This approach mirrors the institutional stablecoin settlement patterns seen in Visa's recent stablecoin pilot.
MiCA Rules Have Reshaped Revolut's Stablecoin Lineup
The EURR rollout arrives as Revolut removes Tether's USDT from eligible accounts in the EEA and Switzerland under the European Union's stablecoin rules. Revolut stopped purchases of USDT for affected European customers on July 6 and gave existing holders until Aug. 31 to sell, withdraw or transfer their tokens. Remaining balances after the deadline are due to be converted into customers' base currencies.
The change followed MiCA requirements governing stablecoin issuers and crypto service providers operating across the bloc. EURR gives Revolut a euro-denominated token issued within the MiCA framework while the company removes a stablecoin that no longer fits its product requirements. The regulatory landscape for stablecoins continues to evolve, as seen in the ongoing debate over stablecoin ID rules and P2P transfers.
Revolut's Broader Crypto and Banking Expansion
The stablecoin launch follows several additions to Revolut's digital asset business. In July, Revolut connected Revolut X to third-party AI tools including Claude, Gemini, OpenClaw and Cursor, allowing customers to retrieve market data, review accounts, analyze positions and prepare trades through natural-language instructions. Revolut also released a universal plugin and command-line interface so other compatible AI platforms can connect to Revolut X through its API.
Revolut's regulated banking business has also expanded during 2026. In March, the company secured PRA approval to launch Revolut Bank UK after a multiyear licensing process. Revolut also applied to the U.S. Office of the Comptroller of the Currency for a national banking charter in March. A July employee share sale valued Revolut at $115 billion, while the company reported more than 75 million customers and $6 billion in 2025 revenue.
EURR as a Bridge Between Fiat and Crypto
Emil Urmanshin, Revolut's head of crypto, said EURR connects the company's 80 million customers with onchain finance by combining its banking infrastructure with euro-denominated access to crypto markets. Customers can use EURR as an onchain euro asset when moving funds between fiat and crypto without first converting into a dollar-denominated stablecoin. The company has described EURR as the first part of a multi-currency stablecoin plan, with other fiat-denominated tokens being developed through separate regulatory pathways.
