Fintech company Revolut has launched EURR, a euro-pegged stablecoin, according to Bloomberg. The token will initially be available to eligible customers in Denmark, Poland, and Portugal. Revolut described the launch as the first step in its stablecoin strategy. The company said it plans to introduce additional tokens linked to other fiat currencies later on. Those products are intended to expand the use of digital currencies in cross-border payments and business transaction scenarios. The rollout gives Revolut an initial footprint for its euro-linked token while outlining a broader plan tied to payments and corporate use cases rather than a single-market launch.
Fintech company Revolut has launched EURR, a euro-pegged stablecoin, according to Bloomberg. The token will initially be available to eligible customers in Denmark, Poland, and Portugal.
Revolut said EURR is the "first step" in its stablecoin strategy. The company plans to roll out tokens linked to other fiat currencies later, aiming to expand digital-currency use in cross-border payments and business transaction scenarios.
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