Overview
- Revolut, which began rolling out EURR on Wednesday, August 26, 2026, is offering the token to selected customers in Denmark, Poland and Portugal with wider EEA expansion scheduled later in 2026.
- Bridge Building S.A., the Luxembourg issuer owned by Bridge (acquired by Stripe), holds the reserves and publishes a public dashboard that at launch showed just 374 EURR backed by €374 in cash deposits.
- EURR runs on public blockchains with smart contracts deployed on Ethereum and Polygon and will allow transfers to external wallets as liquidity and distribution grow.
- Under MiCA EURR is classified as an electronic money token so holders have a legal redemption claim against the issuer but do not receive bank deposit protection and redemptions require onboarding and compliance checks.
- The launch follows Revolut’s removal of USDT for eligible EEA accounts as firms adjust to MiCA, and EURR’s real-world utility will depend on liquidity, supported networks, fees, and how smoothly redemption and compliance processes work for users.