Revolut Launches EURR Euro Stablecoin as It Expands On-Chain Currency Services

Revolut is preparing to launch its own euro-denominated stablecoin, EURR, beginning in Denmark, Poland and Portugal before a broader rollout across the European Economic Area later this year. The move marks a significant expansion of the fintech company’s digital-asset strategy as it brings part of its global currency business onto blockchain infrastructure.

According to information shared by @coinbureau on X, EURR will be issued by Bridge, a company owned by Stripe. Revolut already has more than 80 million customers globally and more than 16 million crypto users, providing the stablecoin with an established customer base as it begins its rollout.

The launch comes as euro-backed stablecoins remain considerably smaller than dollar-denominated alternatives. Euro stablecoins currently represent around €450 million, compared with roughly $300 billion for dollar-backed tokens.

EURR Begins Rollout in Three European Markets

Revolut plans to introduce EURR initially in Denmark, Poland and Portugal. The company is expected to expand availability across the EEA later this year.

A stablecoin is a type of digital asset designed to maintain a stable value relative to an underlying currency or other asset. In the case of EURR, the token is denominated in euros and is intended to provide blockchain-based access to euro value.

The initial rollout gives Revolut an cryptocurrency opportunity to introduce the product within selected European markets before expanding its availability more broadly.

The planned EEA expansion would potentially place EURR within a much wider European user base. Revolut’s existing presence across financial services and digital assets could provide an established distribution channel as the company develops its stablecoin offering.

Revolut Brings Currency Services to Blockchain

The launch represents an extension of Revolut’s existing role in foreign exchange and digital assets. Rather than operating solely through conventional financial infrastructure, the company is moving part of its currency business onto blockchain networks.

Revolut already serves more than 80 million customers globally and has more than 16 million crypto users. Those figures give the company a substantial existing audience for digital-asset products.

The company’s established crypto user base could also make it easier to introduce EURR to customers who are already familiar with digital assets. However, the size of the existing euro stablecoin market illustrates the broader challenge facing euro-denominated tokens.

Euro stablecoins account for around €450 million, while dollar-backed stablecoins represent roughly $300 billion. The difference highlights the dominant position of the U.S. dollar in the stablecoin sector.

EURR would enter a market that remains significantly smaller than its dollar-based counterpart.

Bridge to Issue Revolut’s EURR Stablecoin

EURR will be issued by Bridge, a stablecoin infrastructure company owned by Stripe.

Bridge’s role provides the underlying issuance infrastructure for Revolut’s new digital currency. The arrangement also connects the project to Stripe, a major global financial technology company that owns Bridge.

The involvement of a dedicated stablecoin infrastructure provider allows Revolut to focus on integrating the token into its broader financial and digital-asset ecosystem.

The launch is not being presented as the end point of Revolut’s stablecoin strategy. According to the information shared by @coinbureau, EURR is described as the “first step,” with additional currency-backed stablecoins planned.

That approach suggests that Revolut intends to explore stablecoins beyond the euro, potentially expanding the range of traditional currencies represented through blockchain-based assets.

Euro Stablecoins Face a Large Market Gap

The planned launch comes against a backdrop of a significant imbalance between euro- and dollar-backed stablecoins.

Euro stablecoins remain around €450 million, compared with roughly $300 billion for dollar-backed tokens. The disparity reflects the much greater scale achieved by dollar-denominated stablecoins in the digital-asset market.

For Revolut, entering the euro stablecoin sector provides an opportunity to build on its existing currency and crypto businesses. Its large international customer base also gives the company an established distribution network that can support the rollout.

The company’s strategy places traditional foreign-exchange services and blockchain-based financial infrastructure increasingly close together. By issuing currency-backed digital assets, Revolut is seeking to make its currency operations available through on-chain infrastructure.

Revolut’s Broader Stablecoin Strategy

EURR is positioned as the initial stage of a wider stablecoin initiative rather than a standalone product. More currency-backed stablecoins are planned, according to the information shared on X.

The strategy would allow Revolut to extend its digital-asset offering beyond conventional cryptocurrency products while maintaining a direct connection to traditional currencies.

The planned launch in Denmark, Poland and Portugal will serve as the initial market rollout, followed by an expansion across the EEA later this year.

With more than 80 million customers globally and more than 16 million crypto users, Revolut enters the euro stablecoin market with an established international platform. The scale of the company’s customer base contrasts sharply with the current size of the euro cryptocurrency stablecoin market, which remains far smaller than the dollar-backed sector.

EURR therefore represents both a new digital-asset product for Revolut and a broader effort to place its global currency business on blockchain infrastructure.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.