TheBlock
EURR is designed to hold a value of €1 and is backed by reserves held by its issuer under applicable MiCA requirements. Revolut is starting a phased rollout for eligible customers in Denmark, Poland and Portugal, with the euro-pegged token fully integrated into its retail app. Users can move EURR between euros and crypto, use it across multiple blockchain networks and send it to external wallets. Bridge Building S.A., a Bridge subsidiary, issues the token; Stripe acquired Bridge for $1.1 billion in February 2025.
Why it matters
Revolut is joining banks and payment firms bringing stablecoins into consumer finance. Head of Crypto Emil Urmanshin called EURR “the first step” in a strategy that includes tokens linked to other currencies. Revolut says the effort connects its 80 million customers directly to onchain finance, although initial access is limited to three markets.
The key shift is distribution. EURR puts euro-denominated onchain access inside an app that already combines banking and crypto services, while its reserve structure places MiCA requirements at the centre of the product.
Market impact
EURR's immediate role is settlement and movement between fiat and crypto, with its €1 design targeting stable value rather than price upside. Multi-chain and external-wallet support gives the token reach beyond Revolut's own interface.
The next milestones are wider European Economic Area availability later this year and additional currency-denominated stablecoins. Revolut's deeper crypto push includes AI-assistant access to Revolut X for market analysis, alerts and trades, and plans for stablecoin services through its planned U.S. bank.
Frequently asked questions
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How is EURR designed to maintain its €1 value?
EURR is designed to maintain a value of €1 and is backed by reserves held by Bridge Building S.A. under applicable MiCA requirements.
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Which company issues EURR, and what is Bridge's link to Stripe?
EURR is issued by Bridge Building S.A., a subsidiary of Bridge. Stripe acquired Bridge for $1.1 billion in February 2025.
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How will eligible customers access EURR in the initial markets?
Initial access is for eligible Revolut customers in Denmark, Poland and Portugal through the fintech's retail app.
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How can EURR move between traditional and onchain finance?
Users can move EURR between euros and crypto. The token is also supported across multiple blockchain networks and external wallets.
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How does EURR fit into Revolut's wider crypto strategy?
Revolut describes EURR as the first step in a broader stablecoin strategy, with wider EEA deployment and tokens linked to additional currencies planned.
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