Revolut’s euro stablecoin launch expands as it drops USDT in Europe
Revolut’s euro stablecoin launch is arriving in three European countries this week, giving the digital bank its first regulated crypto token built specifically for the eurozone. The rollout, confirmed on August 26, 2026, sends a signal that Europe’s biggest neobank is betting on compliant stablecoins rather than sidestepping Brussels’ rules — and it’s doing so just as it strips a rival token from millions of accounts.
Key takeaways
- Revolut has begun distributing EURR, its first euro-pegged stablecoin, to eligible customers in Denmark, Poland and Portugal, with wider EEA coverage planned later in 2026.
- EURR is issued by Bridge Building S.A., a Luxembourg entity belonging to Bridge, the stablecoin infrastructure firm Stripe bought for $1.1 billion in February 2025.
- The token operates under the EU’s MiCA regulation, with Revolut Digital Assets Europe authorized through the Cyprus Securities and Exchange Commission.
- Revolut is simultaneously removing Tether’s USDT from EEA and Swiss accounts, with a July 6 purchase freeze and an August 31 deadline for existing holders.
- Revolut’s head of crypto, Emil Urmanshin, said the token connects the company’s 80 million customers to onchain finance.
A three-country rollout for Revolut’s EURR stablecoin
EURR is starting small on purpose. Revolut is limiting initial access to selected users in Denmark, Poland and Portugal while it tests distribution, liquidity and operational readiness before pushing into other EEA markets later this year. That staggered approach reflects how carefully the company is treading around MiCA’s compliance demands rather than rushing a continent-wide launch.
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