Fintech giant Revolut has expanded its presence in the cryptocurrency market with the launch of EURR, its first euro-backed stablecoin. The new digital asset is designed to give eligible customers another way to transfer and use euros across supported blockchain networks. Revolut said EURR will maintain a one-to-one peg with the euro, meaning each EURR is intended to have a value equivalent to 1. The stablecoin provides users with onchain access to euros while connecting traditional currency payments with the growing digital asset ecosystem. The launch could make it easier for eligible…