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FinanceRevolut launches euro-pegged stablecoin EURR for customers in Denmark, Poland and Portugal
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Revolut has launched its euro-pegged stablecoin, EURR, making it available to selected customers in Denmark, Poland, and Portugal. The stablecoin's reserves are held by a Luxembourg subsidiary of Stripe, the payments processing company. This move marks Revolut's entry into the stablecoin market, offering a digital asset tied to the euro. The launch is currently limited to a subset of users in these three European countries, with potential for broader rollout in the future. The announcement was made via Revolut's official social media channels, highlighting the company's expansion into cryptocurrency and digital finance products.
Source report
Revolut has launched its euro-pegged stablecoin, EURR, which is now live for selected customers in Denmark, Poland, and Portugal. The reserves backing the stablecoin are held by a Luxembourg subsidiary of Stripe.
Source
efipmNeutral / independent
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