Revolut has launched euro-pegged EURR, its first stablecoin, for selected customers in Denmark, Poland and Portugal, with an EEA rollout planned for later in 2026. According to reports from TradingView News, the stablecoin was officially launched on August 26, 2025, with Bridge Building S.A., the Luxembourg-based entity of stablecoin infrastructure company Bridge, serving as the issuer. EURR is designed to maintain a value of €1.00 under MiCA requirements and will initially run on Ethereum and Polygon, with Revolut planning to integrate EURR directly into its app to support on-chain euro-to-crypto transfers. The product is branded as Revolut Euro and is offered through Revolut's retail app and Revolut X platform, with approximately 2 million customers involved in the initial rollout, as confirmed by a Revolut spokesperson to Cointelegraph.
The European Central Bank has strengthened its privacy commitments for a potential digital euro as Revolut launches EURR, with ECB Executive Board member Piero Cipollone confirming the digital euro would offer 'the maximum level of privacy that current technology can support'. For offline payments, transaction details would only be available to the payer and recipient, with the Eurosystem not receiving information allowing identification of the people involved. Online transactions would operate differently as banks participating in payments would still need access to customer information for anti-money laundering and compliance requirements, though the Eurosystem itself would not be able to identify users making or receiving payments. The digital euro remains under development with a 12-month pilot scheduled to begin in the second half of 2027, covering person-to-person and point-of-sale payments, while the ECB works toward technical readiness for possible issuance around 2029.
Despite analyst skepticism, euro stablecoins have demonstrated remarkable growth with a 137% adoption increase in the past 30 days, according to AMBCrypto reports. While USD stablecoins dominate with nearly $7 trillion in 30-day volume (a 22% increase), non-USD stablecoins have shown triple-digit growth, with $15 billion in volume representing 137% growth over the same period. Europe currently ranks second globally in stablecoin transactions with a 26% market share, trailing only North America, with Asia in third position. Circle's EURC remains the largest euro stablecoin with $455 million in supply, representing more than 50% of the total EUR-pegged stablecoin market of $772 million. A recent Decta study found that the market capitalization of eight MiCA compliant euro stablecoins increased 128% from $295.6 million on June 30, 2025, to $673.9 million on June 28, 2026, with trading volume rising 43.1% from $47 million to $67.3 million over the same period.
The most significant advantage of EURR over existing options is its currency exposure alignment with the euro, unlike USDC which tracks the US dollar and therefore moves with EUR/USD exchange rates. As reported by TradingView News, this allows European users to move euro-denominated value onto Ethereum or Polygon without first taking dollar exposure, solving a clear problem for Europeans who want to take euros on-chain without converting to digital dollars. Bridge Building S.A., the Luxembourg-regulated company owned by Stripe's Bridge, issued the token with holders able to redeem EURR with Bridge at €1 per token. The company secured MiCA and EMI licenses in Luxembourg before the rollout, allowing it to provide regulated stablecoin and euro payment services across all 27 EU member states, subsequently joining the European Union's MiCA register as the bloc's 42nd authorized electronic money token issuer. This regulatory framework gives EURR something no other euro stablecoin has: instant access to a massive, pre-existing user base of 80 million Revolut customers.
The most significant aspect of EURR's rollout is not the token itself but Revolut's distribution channel, which gives it a distribution advantage that dwarfs every existing stablecoin's European distribution by an order of magnitude. As reported by TradingView News, Revolut has over 50 million European customers and 16 million crypto users worldwide, while the largest euro stablecoin by market capitalization (Circle's EURC) has approximately 240,000 unique holders on chain. The initial rollout in Denmark, Poland, and Portugal covers approximately 2 million Revolut customers, with those three countries chosen for their high digital payment penetration, active crypto trading communities, and favorable crypto tax policies. The planned expansion across the EEA later in 2026 would bring EURR to users in Germany, France, Spain, and Italy, potentially reaching tens of millions of Europeans who already use Revolut for daily banking. Revolut's strategy positions EURR as a gateway product meant to expand Revolut's crypto ecosystem rather than generate direct stablecoin revenue, with standard crypto trading limits and fiat conversions carrying no fees or spreads. The company stated that EURR is 'only the first step' in a planned suite of stablecoins denominated in multiple currencies.
