The euro-denominated stablecoin issued by Revolut and Bridge is compliant with regulations and supports fiat-to-stablecoin conversions, as well as instant payments.
Revolut has launched euro-denominated stablecoin EURR, designed to allow its European customers to seamlessly move and convert between fiat and cryptocurrencies.
Issued by Bridge, a Stripe-owned company, EURR is a 1:1 backed fiat euro asset, with reserves held by Bridge Building S.A. in compliance with Europe’s Markets in Crypto Assets (MiCA) stablecoin guidelines.
Revolut’s native euro stablecoin will initially roll out to its customers in Denmark, Poland and Portugal. A broader rollout of EURR is expected later this year, subject to regulatory, operational and product readiness.
The rollout will fall under the fintech’s European crypto asset services branch, Revolut Digital Assets Europe, which is a licensed Crypto Asset Service Provider (CASP) under MiCA.
The digital bank, which has over 50 million European customers, believes stablecoins have “the potential to support broader use cases across international transfers, business transactions, and settlement,” in a press release statement sent to Payment Expert.
The digital bank is looking to bring the euro on-chain with EURR as stablecoins continue to gather pace, particularly among B2B payments and with greater regulatory clarity.
Emil Urmanshin, Head of Crypto and New Bets at Revolut, said: “EURR connects 80 million Revolut customers directly to on-chain finance.
“By combining our global scale and licensed banking infrastructure with instant euro-denominated access to the crypto ecosystem, we are unlocking real-world stablecoin utility that no traditional bank or crypto native can match.”
‘Bridging’ Revolut to stablecoins
Through its MiCA CASP authorisation and an Electronic Money Institution (EMI) licence, Bridge is able to issue stablecoins for providers like Revolut.
Bridge routes stablecoin payments through a single embedded API which allows its partners to process payments via blockchain networks, fiat banking rails or liquidity partners.
These transactions process and settle in seconds. Bridge uses networks such as Ethereum and Polygon to process the stablecoin payment, eliminating the need for intermediary banks.
For on/off ramping, Bridge converts a customers’ preferred fiat currency, such as euro, into their desired stablecoin before supporting conversions at the payout stage for stablecoin-to-fiat, or vice versa, in the customer’s bank account.
Bridge also handles the foreign exchange, payment routing and reconciliation in the backend.
Mai Leduc Blount, Head of Product at Bridge, said: “We’re proud to help Revolut, one of the world’s leading fintechs, launch a custom stablecoin for the European market.
“Our MiCA and EMI authorisations provide the trusted foundation for any business that wants to build with euro-denominated rails.”
Revolut’s stablecoin plans in the UK
Revolut has been supporting stablecoins as early as 2017 on its digital banking apps, rolling out 1:1 conversions of USDC and USDT into fiat currencies in October 2025.
Stablecoin payment volume at the fintech has continued to grow since adoption, and now exceeds $10bn in transaction flow.
Revolut has been interested in developing and issuing a sterling-denominated stablecoin in its home market, the UK. However, unlike Europe, the UK lacked the regulatory framework to support full scale stablecoin issuance and payments.
Rory Tanner, Head of UK Government Affairs at Revolut, spoke before the House of Lords in March 2026 and believed the UK is “already behind” Europe and the US, despite the UK expected to launch a stablecoin market in October 2027.
He argued why a sterling-denominated issued by Revolut will help commercialise and bring incentives to the UK stablecoin market.
“(Revolut’s) ambition is for stablecoins to become a success story; we view the UK as the destination to achieve that,” said Tanner. “We are currently on the right approach, and timelines are areas to improve, but we believe our position as the UK’s largest fintech will help.”
Prior to Tanner’s comments, Revolut was one of four companies selected by the Financial Conduct Authority (FCA) to test sterling-denominated stablecoins inside a digital sandbox.
The use cases developed in Q1’ 2026 contributed to the FCA’s and Bank of England’s final stablecoin rulebook for the regulated crypto asset market to launch in the UK in October 2027.
