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News

Revolut Rolls Out EURR to Users in Denmark, Poland and Portugal

26 Aug 2026by CryptoJazz Admin1 min read6 views

Revolut has begun handing its own euro stablecoin to customers. EURR started a phased release on Wednesday in Denmark, Poland and Portugal, pegged at 1.00 euro and issued by Bridge Building S.A., the Luxembourg arm of the stablecoin infrastructure company Stripe bought in February 2025 for $1.1 billion. Reserves sit with the issuer under the European Union's MiCA rules. Revolut says the rest of the European Economic Area follows later in 2026. The token also fills a hole the company made itself, after Tether's USDT came off eligible European accounts this summer.

Three markets, about two million customers

The company was specific about why those three. A Revolut spokesperson told Cointelegraph the markets were picked on size.

"Denmark, Poland, and Portugal were selected for their market size, where approximately 2 million customers will be involved in the initial rollout," the spokesperson said.

Fiat transactions involving EURR carry no spreads and no fees, and existing crypto trading and remittance limits still apply, on crypto.news's account. Moving the token off the app is being staged. The same spokesperson said external wallet transfers would be available immediately for a selected group, and would widen as liquidity builds. Nothing published names the date that wider access begins.

The chain list does not settle

Four accounts of where EURR actually lives give three answers. Cointelegraph and crypto.news say the launch is on Ethereum, with further networks planned. Finance Magnates writes that the token is already live on Ethereum and Polygon. The Block and Disruption Banking say it is supported across multiple blockchain networks and external wallets, then name none of them. Those readings do not reconcile, and no primary listing located settles which one is right.

374 tokens, on one reading

The most checkable number in the story rests on a single outlet. Finance Magnates reports that Bridge's own reserve dashboard showed 374 EURR in circulation and 374 euros in cash reserves on Tuesday evening, five days after the public offer opened on 20 August. No other account located mentions circulation at all. If the dashboard reading is right, this week's rollout is the start of supply and not a measure of it.

The comparison is the incumbent. Circle reported 403.1 million euros of EURC in circulation on 20 August across five chains, a figure Circle publishes itself. EURC is the euro token most often named as authorised under MiCA, and Tether declined authorisation rather than hold the required share of reserves in EU bank deposits. Ripple took its own route through Luxembourg's regulator and won a licence passportable across the EEA, while Binance stopped serving EU users once the transition window closed.

Distribution is the pitch

What Revolut supplies is reach, and the size of that reach is stated three ways. The launch material and Emil Urmanshin, the company's head of crypto, cite 80 million customers. The Next Web puts it at 65 million across 38 countries, drawn from 2025 results. crypto.news notes a July 2026 employee share sale that cited more than 75 million. Those are different vintages of one count, not competing claims about a single date.

Urmanshin's line is short. "EURR connects 80 million Revolut customers directly to onchain finance," he said. Disruption Banking separately reports over 16 million crypto users on the platform, a figure no other account carries. The near date is 31 August, when USDT holders in the EEA and Switzerland had to sell, withdraw or transfer before balances were converted to base currency. Those customers now have a euro token sitting in the same app. Whether they use it will show on Bridge's dashboard before it shows in any announcement.

Read also: Circle Posts $701M in Quarterly Revenue and Dates Arc for September

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