Visa and StraitsX are planning to expand stablecoin-linked cards globally, bringing digital-asset infrastructure closer to everyday payments. The initiative highlights how established payment networks and stablecoin providers are working together to connect blockchain-based value with conventional card spending. If expanded successfully, these products could make stablecoins more practical for consumers and businesses while relying on familiar payment experiences. The partnership is a strong signal that stablecoin adoption is increasingly moving beyond crypto-native platforms and into mainstream payments.
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The state of euro stablecoins in 2026
Aside from Revolut’s new launch, several other companies and issuers have already introduced their own stablecoins pegged to the euro, each with varying use cases and scale.
Unlike Tether, Circle, the company behind USD-pegged stablecoin USDC, has ensured that its own EUR-denominated offering EURC is compliant with MiCA and has secured a larger share of the global EUR-pegged stablecoin market than any other offering. The globally accessible stablecoin is primarily used by businesses for FX trading, borrowing and lending.
Société Générale-Forge (SG-Forge), the European multinational bank’s digital assets subsidiary, issues EUR CoinVertible (EURCV), its own EUR-pegged stablecoin primarily built to serve the bank’s institutional clients. However, since 2024, EURCV has also been open to wider adoption, enabling investors to explore new use cases for the stablecoin. Banking Circle also issues its own variant – Eurite (EURI) – for institutional clients, giving them access to round-the-clock settlement and euro liquidity outside normal banking hours. Digital asset infrastructure provider Fireblocks handles all minting and burning of EURI via its Tokenisation Engine.
Iceland-based fintech Monerium also primarily targets corporate companies with its EURe stablecoin, enabling them to embed euro payments into their own products by leveraging Monerium-powered IBANs. This setup enables users to send and receive EURe between off-chain bank accounts and on-chain Web3 wallets. Monerium also issues IBANs for individual users directly via its app, although appears to mostly serve retail customers indirectly via wallets from the likes of MetaMask and Zeal.
International banking group Crédit Agricole also launched its own MiCA-compliant stablecoin in July 2026, Euro Exchange Token (EURXT). Issued by the bank’s digital asset-focused subsidiary CACEIS, EURXT is initially only available to its institutional investor clients and corporate clients.
Revolut’s new offering differs from the current leading euro stablecoins as it targets individual users, with the bank saying it wants to give its customers options aside from dollar-backed stablecoins. It is also not responsible for the issuance of EURR – Bridge’s subsidiary Bridge Building is handling this. Instead, Revolut is responsible for the distribution of the token, which it says will give customers an on-chain option for moving between fiat, crypto, digital wallets and supported blockchain networks.
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