Revolut Has Launched Its EURR Stablecoin

26.08.2026    15:15

British fintech startup Revolut has launched the EURR, a stablecoin pegged to the euro, according to Bloomberg, citing a company statement. The issuer of EURR is Bridge, a company owned by the American firm Stripe. Bridge will also own and manage the assets backing this stablecoin.

Initially, it will be available to a limited number of Revolut customers in Denmark, Poland, and Portugal, and later this year, the startup plans to expand access to other markets in the European Economic Area (EEA).

EURR will be integrated into the Revolut app and will allow users to exchange euros for cryptocurrency—and vice versa—directly on the blockchain.

The company calls its launch the first step in its stablecoin strategy, which includes the launch of tokens pegged to other currencies as well.

“Revolut started by eliminating hidden fees and barriers to currency exchange,” the company said in a statement. “Now we’re doing the same with cryptocurrency.”

The financial news and analysis platform Finance Magnates, citing official documents, reports that the EURR was launched on August 20 and is marketed as Revolut Euro. According to the report, the stablecoin is available in the Revolut retail app and on the Revolut X cryptocurrency exchange. As of Tuesday, only 374 EURR were in circulation, backed by reserves of 374 euros.

Revolut was founded in 2015 in London by Mykola Storonskyi (a graduate of MIPT and RESH) and Vladyslav Yatsenko. The company serves over 80 million retail and 800,000 business customers worldwide. It operates as a bank in more than 30 countries.

In 2024, Revolut became Europe’s most valuable private tech company, with a valuation of $45 billion, and last year it reaffirmed this status by increasing its valuation to $75 billion.

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