Revolut launches euro stablecoin EURR on Ethereum
- —EURR is pegged to the euro and launched on Ethereum
- —Initially available in Denmark, Poland and Portugal
- —Issuer is Bridge Building S.A. under Luxembourg's CSSF supervision
- —Revolut serves more than 75 million customers across 40+ markets
Why it matters: A major neobank could solve the distribution problem for euro stablecoins and reduce Europe's reliance on dollar-denominated USDT and USDC.
Source: Happycoin.club