Revolut begins rollout of EURR euro-backed stablecoin with Bridge as issuer

Revolut has launched its first euro-backed stablecoin, EURR, targeting selected users in Denmark, Poland, and Portugal. Issued by Stripe-owned Bridge Building S.A. under the EU's MiCA framework, EURR is admitted to trading on Revolut X. While Revolut leverages its 75 million user base for distribution, EURR's initial circulation of €374 remains small compared to Circle's €394.5 million EURC stablecoin.

EURR stablecoin rollout

• ▪Revolut has begun rolling out its first euro-backed stablecoin, EURR, to selected customers in Denmark, Poland, and Portugal.
• ▪Revolut plans to expand the availability of the EURR stablecoin to more markets later in 2026, with stablecoins tied to other currencies also in development.

Bridge Building as issuer

• ▪Revolut Digital Assets Europe Ltd acts as the offeror of the EURR stablecoin and is admitting the token to trading on the Revolut X platform.
• ▪Bridge Building S.A., which Revolut describes as a Stripe company, serves as the legal issuer and redemption counterparty for the EURR stablecoin.

MiCA regulatory framework

• ▪The EURR stablecoin is classified as an e-money token under the European Union's Markets in Crypto-Assets regulatory framework.
• ▪Luxembourg's Commission de Surveillance du Secteur Financier authorized Bridge Building S.A. as an active electronic money institution on June 29, 2026.

EURR reserve holdings

• ▪As of August 25, 2026, Bridge Building S.A. reported 374 EURR in circulation backed by €374 in reserve assets held as cash deposits.
• ▪EURR tokenholders have the right to redeem the stablecoin at par against Bridge Building S.A. at any time.

Euro stablecoin market comparison

• ▪Circle reported €394.5 million of its EURC stablecoin in circulation as of August 24, 2026, compared to 374 EURR in circulation as of August 25, 2026.
• ▪Bridge Building S.A. supports EURR on Ethereum and Polygon, whereas Circle supports its EURC stablecoin across seven blockchain networks including Ethereum and Solana.

Revolut distribution strategy

• ▪Under the EURR partnership, Bridge Building S.A. manages issuance and redemption while Revolut provides the brand and customer distribution channel.
• ▪Revolut is distributing the EURR stablecoin through its application to its customer base of more than 75 million users.