Revolut launches euro-pegged EURR stablecoin

Revolut has launched EURR, a stablecoin pegged to the euro, according to Decrypt. The token is currently available to selected customers in Denmark, Poland and Portugal. Reserve assets backing EURR are held by a Luxembourg subsidiary of Stripe. The rollout gives customers in those three markets access to Revolut’s euro-linked digital asset, although the source does not provide further details on availability, supply or trading activity. EURR is the latest asset associated with Revolut’s stablecoin launch and is relevant to the broader stablecoin market. The initial release remains limited to selected customers rather than being described as a general launch across all Revolut users or markets.