Revolut Starts EURR Rollout With Bridge as Regulated Issuer

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Revolut has begun rolling out EURR, its first euro-backed stablecoin, to selected customers in Denmark, Poland and Portugal. Bridge Building S.A., described as a Stripe company, acts as the legal issuer and redemption counterparty under the supervision of Luxembourg’s CSSF regulator. The Revolut X platform, with more than 75 million customers, serves as the distribution channel for this e-money token compliant with the EU’s MiCA regulatory framework. The company plans to expand availability to other markets by the end of the year, while developing stablecoins denominated in other currencies.

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Telemachttp://cryptoinfo.ch
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