Revolut launches euro-backed stablecoin EURR

JUST IN: Revolut has launched EURR, a new euro-backed stablecoin.
The launch expands Revolut's presence in digital assets and adds another euro-denominated option to the growing regulated stablecoin market.
Euro stablecoins remain much smaller than their dollar-backed counterparts, leaving significant room for competition as tokenized payments and settlement expand.
EURR gives Revolut a direct position in that emerging market.