Revolut introduces the euro-supported stabilization currency EURR

Revolut, a leading financial technology company, announced the launch of its first euro-supported stabilization currency, EURR. The stabilization currency will be anchored at a value of Euro1 to provide additional payment options for users. Revolut states that EURR is intended to provide network access to eligible users to facilitate the transfer of digital euros between encrypted currencies, external wallets and supported block chain networks. This represents a further expansion of Revolut ' s encryption industry and is also being introduced through its Digital Assets Europe Ltd., which has been regulated by the Cyprus Securities and Exchange Commission ' s MICA encryption asset service provider。