Revolut Launches First Euro Stablecoin EURR: Here’s Where It’s Available
🌍 Revolut has launched its first euro-denominated stablecoin, EURR, to select customers in Denmark, Poland, and Portugal, with plans for a broader rollout across the European Economic Area later this year.
🔗 The stablecoin is issued by Bridge, a firm acquired by Stripe, and operates under the EU's Markets in Crypto-Assets framework, ensuring a €1.00 redemption rate per token.
🚀 Revolut is also developing additional currency-denominated stablecoins and aims to enhance the seamless transition between fiat and crypto, eliminating traditional banking friction.
🌍 Revolut has launched its first euro-denominated stablecoin, EURR, to select customers in Denmark, Poland, and Portugal, with plans for a broader rollout across the European Economic Area later this year.
🔗 The stablecoin is issued by Bridge, a firm acquired by Stripe, and operates under the EU's Markets in Crypto-Assets framework, ensuring a €1.00 redemption rate per token.
🚀 Revolut is also developing additional currency-denominated stablecoins and aims to enhance the seamless transition between fiat and crypto, eliminating traditional banking friction.