euro stablecoins

14 hours ago

Euro Stablecoins EURC and EURR Come With €1 Redemption Rights, but Access Differs by Channel

The Defiant has outlined how euro-denominated stablecoins work, focusing on EURC and EURR and the conditions attached to redemption. According to the article, both tokens disclose a right to redeem at €1. That headline promise, however, does not mean every holder can access redemption in the same way or through the same route. The report draws a distinction between two paths: redeeming through issuer accounts and selling tokens on exchanges. Those routes carry separate access conditions, meaning the practical experience for users can vary depending on how they seek liquidity. The piece centers on the basic structure of euro stablecoins, the roles of EURC and EURR, and the difference between formal redemption rights and market-based exits on trading venues. Rather than treating redemption and exchange sales as interchangeable, the article frames them as distinct mechanisms with different requirements. That distinction is the core point of the report.

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Euro stablecoin

Sep 19, 2026

EURR euro stablecoin launches, with Revolut and Bridge opening access to some users in three countries

Revolut and licensed issuer Bridge have started issuing EURR, a euro-denominated stablecoin, with the first rollout limited to some customers in three countries. The update was reported by Odaily. Available data shows Bridge’s EURR outstanding supply at 374, though the unit was not specified in the source. For comparison, Circle’s EURC has an outstanding supply of 394.5 million euros. The announcement points to an initial, limited release rather than a broad public launch, with access restricted to a subset of users across the three markets mentioned in the report. No further details on the countries, customer scope, or unit attached to the EURR supply figure were disclosed in the source material.

920

Revolut

Sep 14, 2026

Revolut Says Fake Government Request Led to Disclosure of Passports and Bitcoin Records

Revolut confirmed over the weekend that it handed sensitive customer data to an unauthorized third party after receiving fraudulent record requests sent from an email account on a legitimate government agency’s domain. According to a notice that circulated online, the exposed information included names, dates of birth, postal and email addresses, phone numbers, copies of passports and driver’s licenses, verification selfies, account statements and transaction histories, including Bitcoin records. Mt. Gox former CEO Mark Karpelès, who shared the notice, said he was among those affected. Blockchain investigator ZachXBT said on Saturday that the incident appeared to target high-net-worth users. Revolut described the case as a sophisticated external impersonation scam and said it blocked the address after identifying the fraud. The company has not disclosed how many users were affected or which government agency was involved. The episode lands as crypto holders face growing concern over wrench attacks and follows similar disclosures from hardware wallet maker Trezor. Revolut, which says it serves more than 80 million customers, recently received conditional approval from the U.S. Office of the Comptroller of the Currency to form a national bank, began rolling out its EURR euro stablecoin in Denmark, Poland and Portugal in August, and is considering a listing that could value the company at as much as $200 billion.

1380

Digital Euro

Aug 30, 2026

Digital Euro and EURR Stablecoin Tests Signal Europe's Two-Track Payments Push

Europe's digital currency market is developing along two parallel tracks: the European Central Bank's digital euro and privately issued euro stablecoins. Revolut has started phased testing of its EURR stablecoin in Denmark, Poland and Portugal. EURR runs on Ethereum and is issued by Bridge Building, a Stripe company. The ECB stressed that the digital euro will be built with strong privacy protections. Offline payment data will be known only to the two parties involved, and online transactions could not be directly associated with individuals by the Eurosystem. Those privacy features apply to the official digital euro, while the private stablecoin track now has a live test in three European markets. Europe is using both public digital money and private stablecoins to move its digital payment system forward. The goal is to reduce reliance on dollar-backed stablecoins and payment infrastructure operated outside Europe.

1330

Digital Euro

Aug 30, 2026

Europe's 'Digital Euro + Private Stablecoin' Dual Track Takes Shape

Europe is building a two-track digital currency system that combines a central bank digital currency with competing private euro stablecoins, as dollar-pegged tokens continue to dominate on-chain payments. The European Central Bank is making privacy a central design pillar for the digital euro. ECB Executive Board member Piero Cipollone said the digital euro will offer the highest level of privacy achievable with current technology, with offline payments visible only to the payer and payee. For online transactions, the eurosystem cannot directly identify individuals, but banks would still receive anti-money laundering information. In the private sector, Revolut has begun rolling out its EURR stablecoin to some users in Denmark, Poland and Portugal, with plans to extend it across the European Economic Area. EURR operates on Ethereum and is issued by Bridge Building, a Stripe-owned firm, designed to keep a stable 1:1 value with the euro. Forbes points out that the two projects are not substitutes: the digital euro is public money issued by a central bank, while EURR is a privately issued on-chain token. The market is therefore advancing along both models at the same time, with competition focusing on privacy, usability, regulatory clarity and actual economic value. The parallel development reflects Europe's effort to assert its own monetary standards in a market long shaped by dollar stablecoins.

1400

stablecoin

Aug 29, 2026

Revolut Launches Euro Stablecoin EURR on Ethereum and Polygon

Revolut has introduced its euro-pegged stablecoin, EURR, on Ethereum and Polygon, with a circulating supply of roughly 251,000 tokens and a market cap of about $290,000. The stablecoin is initially being offered to around 2 million users in Denmark, Poland and Portugal. Issued by Luxembourg-based Bridge Building S.A., EURR operates under the EU's MiCA framework. Revolut is also phasing out USDT across the European Economic Area and Switzerland to stay compliant, with plans to expand blockchain and external wallet support.

1330

Revolut

Aug 28, 2026

Revolut starts phased rollout of euro stablecoin EURR as ECB highlights privacy safeguards for digital euro

Revolut has begun a phased rollout of its euro-denominated stablecoin EURR to eligible users in Denmark, Poland, and Portugal, with plans to extend access across the European Economic Area. The token runs on Ethereum and is designed for on-chain transfers between fiat, crypto assets, external wallets, and supported blockchain networks. EURR is issued by Bridge Building, a Stripe-owned company, rather than directly by Revolut. At the same time, the European Central Bank said the digital euro remains under development and would represent public money, while EURR is a privately issued stablecoin intended to maintain a value of 1 euro. ECB Executive Board member Piero Cipollone said the digital euro would offer the highest level of privacy supported by current technology, with offline payments visible only to payer and payee, while banks in online transactions would still have access to information needed for anti-money laundering compliance.

1500

Revolut

Aug 27, 2026

Revolut launches EURR euro stablecoin, with Bridge as legal issuer and reserve manager

Revolut has started a phased rollout of EURR, its first euro-denominated stablecoin, beginning with selected eligible customers in Denmark, Poland and Portugal. The company said the token will later expand to other markets across the European Economic Area during 2026 and will be integrated into the Revolut retail app to connect euros, crypto assets, external wallets and supported blockchain networks. Despite carrying the Revolut brand, EURR is not legally issued by Revolut Bank or another Revolut group crypto entity. The legal issuer is Luxembourg-registered Bridge Building S.A., which also handles minting, burning, reserve management and fiat redemptions. Under the white paper, EURR is classified as an e-money token under MiCA and is designed to maintain a value equivalent to €1 per token. Each circulating EURR must be backed by €1 or equivalent euro-denominated reserve assets. The rollout also adds a new layer to Revolut’s existing crypto stack, which already includes its retail app, the Revolut X trading platform and Revolut Ramp. At launch, media checks and Bridge’s reserve page showed live deployment on Ethereum and Polygon, while the white paper listed a broader set of supported networks.

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