【Revolut launches euro stablecoin, and USDT is getting squeezed in Europe 💶⚡】
Click the avatar to get more information
UK fintech giant Revolut has entered the stablecoin arena 💶
Its first stablecoin, EURR, is now officially live
Pegged to the euro, 1:1 cash collateral
Running on Ethereum and Polygon
Right now, the scale is still small 🤏
Circulating supply of about 250,000 coins
Market cap of $290,000
$5.8 million in transfers over 30 days
For a company with 80 million users, this is more of a test run
The real information is in these points 📜
The issuer is licensed in Luxembourg
The entire setup falls under MiCA’s regulatory framework
And it also conveniently pushes USDT out of Europe
August 31 is the deadline for the cleanup
A homegrown stablecoin is exactly ready to take the baton ⚡
16 million crypto users will have to choose sides again
They’re starting by testing with about 2 million users in Denmark, Poland, and Portugal
By year-end, they plan to roll it out across the entire European Economic Area
Now look at the whole track 💰
The euro stablecoin market is only six to seven hundred million dollars
Circle’s EURC is basically the sole dominant player
What Revolut wants to cut into is exactly this segment
📌 The stablecoin battlefield has shifted from USD to EUR. Compliant players start clearing the scene, and USDT is getting harder to operate in Europe.
➕ Join the fan group for strategies! 🔥 Every day, I’ll help you understand crypto market headlines and institutional capital flows—using the simplest way to catch the next opportunity! 🚀
#稳定币 #RWA #以太坊 #机构资金
Click the avatar to get more information
UK fintech giant Revolut has entered the stablecoin arena 💶
Its first stablecoin, EURR, is now officially live
Pegged to the euro, 1:1 cash collateral
Running on Ethereum and Polygon
Right now, the scale is still small 🤏
Circulating supply of about 250,000 coins
Market cap of $290,000
$5.8 million in transfers over 30 days
For a company with 80 million users, this is more of a test run
The real information is in these points 📜
The issuer is licensed in Luxembourg
The entire setup falls under MiCA’s regulatory framework
And it also conveniently pushes USDT out of Europe
August 31 is the deadline for the cleanup
A homegrown stablecoin is exactly ready to take the baton ⚡
16 million crypto users will have to choose sides again
They’re starting by testing with about 2 million users in Denmark, Poland, and Portugal
By year-end, they plan to roll it out across the entire European Economic Area
Now look at the whole track 💰
The euro stablecoin market is only six to seven hundred million dollars
Circle’s EURC is basically the sole dominant player
What Revolut wants to cut into is exactly this segment
📌 The stablecoin battlefield has shifted from USD to EUR. Compliant players start clearing the scene, and USDT is getting harder to operate in Europe.
➕ Join the fan group for strategies! 🔥 Every day, I’ll help you understand crypto market headlines and institutional capital flows—using the simplest way to catch the next opportunity! 🚀
#稳定币 #RWA #以太坊 #机构资金