3 Things to Know About Revolut’s New Euro Stablecoin

Revolut began rolling out EURR, its first euro-denominated stablecoin, on August 26. The launch starts with selected customers in Portugal, Poland and Denmark, with wider EEA availability planned later this year.

But for European users, the obvious question is why use EURR when Revolut already offers USDC - or when users can simply keep euros in their account?

Three Things We Know About Revolut's New Stablecoin

Revolut does not actually issue EURR. Bridge Building S.A., a Luxembourg-regulated company owned by Stripe's Bridge, issues the token. Holders can redeem EURR with Bridge at €1 per token.

Also, its clearest difference from USDC is currency exposure. USDC tracks the US dollar, so its value in euros moves with EUR/USD. EURR tracks the euro, letting users move euro-denominated value onto Ethereum or Polygon without first taking dollar exposure.