Revolut expands crypto strategy with EURR stablecoin, Revolut X and payments
- —Revolut launched the euro-pegged stablecoin EURR
- —Issuance is provided by Bridge, a Stripe company
- —The Revolut X platform for crypto trading is being developed
- —The strategy covers stablecoins, trading and payments
Why it matters: A major fintech with millions of clients is moving into stablecoins and trading, intensifying competition in payments and increasing pressure on banks.
Source: Cointribune