Polygon (Old)

Stablecoin

EURC

Ethereum

<ul>
 <li>Revolut launched EURR on Ethereum and Polygon for customers in Denmark, Poland, and Portugal under the EU's MiCA framework.</li>
 <li>EURR maintains a €1 value, with reserves held by Bridge and wider EEA availability planned later this year.</li>
 <li>Revolut plans to expand EURR across Solana, Arbitrum, Optimism, Avalanche, Injective, TON, and Sui.</li>
</ul>
<p>Revolut has <a href="https://x.com/ethereuminsti/status/2092610530779545948?s=20" rel="noopener noreferrer nofollow">launched</a> EURR, its euro-denominated stablecoin, on Ethereum and Polygon, starting with customers in Denmark, Poland and Portugal. The rollout began Aug. 20 through Revolut’s app and exchange, with wider EEA access planned later this year. Bridge issues the token under the EU’s MiCA framework.</p>
<h2 class="wp-block-heading" id="strong-revolut-starts-eurr-rollout-strong"><strong>Revolut Starts EURR Rollout</strong></h2>
<p>Revolut says EURR maintains a value of €1 and provides an on-chain route between euros and crypto. Bridge Building S.A., the issuer’s Luxembourg entity, holds reserves and handles redemptions.</p>
<p>Bridge, acquired by Stripe for $1.1 billion in 2025, received <a href="https://cryptofrontnews.com/eu-regulators-warn-of-mica-migration-crypto-scams/" rel="noopener noreferrer nofollow">MiCA</a> authorization across all 27 EU member states. It announced an electronic money institution license on July 2. The rollout covers customers in Denmark, Poland and Portugal.&nbsp;</p>
<p>Revolut Digital Assets Europe Ltd serves as distributor, while Revolut X provides another distribution channel. Revolut’s Emil Urmanshin said EURR connects customers to on-chain finance. Product owner Iman Olya said the token removes friction between fiat and crypto.</p>
<h2 class="wp-block-heading" id="strong-eurr-plans-more-blockchain-support-strong"><strong>EURR Plans More Blockchain Support</strong></h2>
<p>According to Revolut, EURR launched on Ethereum and Polygon on Aug. 20. Support for Solana, Arbitrum, Optimism, Avalanche, Injective, <a href="https://cryptofrontnews.com/ton-community-vote-renames-token-to-gram-from-june-2026/" rel="noopener noreferrer nofollow">TON</a> and Sui remains planned. However, EURR shares its ticker with another MiCA-authorized euro stablecoin issued by StablR.&nbsp;</p>
<p>CoinGecko lists both tokens under the EURR symbol. Revolut said other currency-denominated stablecoins are in development. Their rollout will follow separate regulatory pathways, while wider EEA access depends on readiness.</p>
<h2 class="wp-block-heading" id="strong-revolut-joins-europe-s-euro-stablecoin-race-strong"><strong>Revolut Joins Europe’s Euro Stablecoin Race</strong></h2>
<p>Circle’s EURC leads the regulated euro stablecoin market by market capitalization. As of Aug. 24, Circle reported €394.5 million of EURC in circulation. Data cited in the supplied material showed MiCA-compliant euro stablecoins growing through June.&nbsp;</p>
<p>Eight such <a href="https://cryptofrontnews.com/stablecoin-payments-gain-ground-as-companies-seek-faster-cross-border-settlement/" rel="noopener noreferrer nofollow">stablecoins</a> reached $673.9 million market capitalization, up 128%. EURC averaged $430.4 million in market capitalization during that period. Société Générale’s EURCV averaged $137.8 million, while Banking Circle’s EURI averaged $51.1 million.</p>
<p>EURC also recorded an average weekly trading volume of about $34 million. Circle says EURC remains fully backed by euros and redeemable one-to-one. Ethereum Institutional highlighted Revolut’s 80 million customers and Ethereum’s role. Ethlabs discussed the launch.</p>

Revolut Launches EURR on Ethereum and Polygon as Euro Stablecoin Market Expands

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