Revolut Launches Euro Stablecoin in Three European Markets

Revolut has started rolling out its first stablecoin, EURR, a euro-pegged token, to selected customers in Denmark, Poland, and Portugal. The company says the rollout will broaden across additional European Economic Area (EEA) markets later in 2026, provided product, operational, and regulatory requirements are met.

The move arrives as Revolut continues to reshape its stablecoin offering in Europe. According to Revolut’s earlier messaging, it is withdrawing Tether’s USDT from the EEA and Switzerland, with remaining USDT balances to be converted into customers’ base currencies after Aug. 31.

Key takeaways

• Revolut’s euro-pegged stablecoin EURR is launching first in Denmark, Poland, and Portugal before expanding to more EEA markets later this year.
• EURR is issued by Bridge Building S.A., the Luxembourg entity within Bridge’s stablecoin infrastructure network that is owned by Stripe.
• Revolut plans to integrate EURR into its retail app, with support for multiple blockchain networks and external wallet transfers.
• EURR is positioned as MiCA-compliant and backed by reserves managed by Bridge in line with EU rules.
• The launch coincides with Revolut’s exit from USDT in the EEA and Switzerland.

A euro stablecoin debuts in the Revolut app

Revolut told Cointelegraph that EURR is being introduced to a limited group of users as part of a phased program. The initial countries—Denmark, Poland, and Portugal—were chosen, the company said, for their market size, with about 2 million customers included in the first rollout.

In its integration plan, Revolut said EURR will be available inside the retail app, with the ability to transfer to external wallets. The company also indicated that it intends to support multiple blockchain networks, though the first rollout focuses on an initial deployment rather than offering every network immediately.

MiCA compliance and issuance structure

EURR is designed to hold a value of one euro, with backing that Revolut says is held and managed by Bridge under the Markets in Crypto-Assets (MiCA) framework.

Issuance responsibility sits with Bridge Building S.A., a Luxembourg-based entity connected to Bridge’s stablecoin infrastructure. Revolut Digital Assets Europe is the entity offering the token to users as part of the product rollout.

For users, the practical implication of this structure is that Revolut is aiming to offer a regulated stablecoin option aligned with EU rules—at a time when providers across the region are increasingly required to fit within MiCA’s stablecoin regime.

External transfers and app features from day one

Revolut’s spokesperson said the token will initially launch on Ethereum as part of the phased rollout. External wallet transfers are scheduled to be available immediately for select customers, with broader access dependent on liquidity growth.

The company also outlined how customer costs and limits will work. Revolut said its standard crypto trading and remittance limits apply to EURR, while fiat transactions related to the offering will carry no fees or spreads.

From an execution standpoint, this matters for everyday users because external wallet functionality often determines whether a stablecoin can be used beyond custodial in-app balances. Revolut’s approach—starting with Ethereum and expanding later as liquidity builds—suggests a controlled launch designed to limit operational friction while the token’s availability ramps up.

Replacing USDT in Europe

EURR’s launch also marks a shift in Revolut’s broader stablecoin positioning. In earlier coverage from Cointelegraph, Revolut said it would withdraw Tether’s USDt from the EEA and Switzerland. The company previously stated that any remaining USDT balances would be converted into customers’ base currencies after Aug. 31.

As a result, EURR functions not only as a new product feature, but as part of an attempt to maintain stablecoin exposure for Revolut customers while aligning with evolving regulatory and compliance requirements. The timing—rolling out a MiCA-oriented euro stablecoin as USDT availability is reduced—underscores how stablecoin availability in Europe is increasingly being shaped by the intersection of regulation, issuer readiness, and platform-level requirements.

Revolut framed EURR as the first step in a broader strategy, adding that it is developing tokens denominated in other currencies through separate regulatory pathways. The company did not specify which currencies those future tokens would target.

What to watch next

Revolut’s phased expansion across additional EEA markets will be the next major checkpoint for users, alongside how quickly EURR liquidity grows and unlocks wider external wallet transfers. With the token launching on Ethereum first, market participants will also be watching whether and when Revolut broadens support across additional networks, as well as how Revolut manages ongoing transitions away from USDT in the region.