🇪🇺 Revolut is bringing euros onchain with EURR
Revolut has begun a phased rollout of EURR, a euro stablecoin issued by Bridge Building, a Stripe company.
The initial rollout is limited to eligible customers in Denmark, Poland and Portugal, with Ethereum as the starting network. Wider availability is expected later this year.
EURR is designed to maintain a value of €1 and connect euros with supported crypto services and external wallets inside the Revolut experience.
For people who earn and spend in euros, that addresses a practical issue: using blockchain-based money without first switching into a dollar-denominated asset.
The interesting part is distribution. A euro token integrated into an app people already use has a different route to adoption than a standalone crypto product.
Access remains limited, and a euro peg does not eliminate issuer, redemption or blockchain risks.
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