Revolut's euro token comes from a Stripe subsidiary, not Revolut

EURR, a euro-backed stablecoin, is now available to users in Denmark, Poland, and Portugal via Revolut.

The on-chain euro is distributed to ~2 million users, who can use it as fiat money or crypto. EURR is made by Bridge, a company owned by Stripe.

Revolut is taking Tether’s USDT out of the market to follow the MiCA rules in the EU.

A euro token issued by Stripe’s Bridge

The EURR coin is created by Bridge Building S.A. in Luxembourg. Bridge is a stablecoin infrastructure company that Stripe acquired for $1.1 billion in February 2025.

The token is offered through Revolut Digital Assets Europe and is backed by reserves managed by Bridge under the EU’s MiCA.

The three launch markets were chosen “for their market size,” a Revolut spokesperson said, adding that the first wave covers around 2 million customers.

The first chain to host EURR is Ethereum. Revolut stated that EURR will also be available on other networks and will support transfers to external wallets.

Those outbound transfers are available now to select customers and will grow “as liquidity builds,” the spokesperson said.

… Continue reading the full article at the original source below.