[Revolut Launches Euro Stablecoin EURR for Select European Customers, Initially Covering Denmark, Poland, and Portugal] BlockBeats News, August 27: Revolut began the phased rollout of its first euro stablecoin, EURR, on August 26. The initial launch is available to select customers in Denmark, Poland, and Portugal, with plans to expand to other regions within the European Economic Area later this year. EURR is legally issued by Bridge Building S.A., a subsidiary of Stripe's Bridge, and is pegged 1:1 to the euro, redeemable at face value. The current circulation is 369 tokens, backed by €369 in reserves. With over 80 million retail customers, Revolut provides a significant distribution channel for the euro stablecoin. [Original Link]