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VERIFIEDBy Xavier Rivera· ·2 min read

Revolut to delist USDT after Aug. 31

Revolut will stop supporting USDT purchases from July 6 and fully delist the stablecoin after Aug. 31, automatically converting leftover holdings. The move reflects ongoing European regulatory pressure on non-compliant stablecoins such as Tether's USDT.

Source:CoinTelegraph

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TL;DRAI · 60 sec read

Revolut has notified some customers it will delist Tether's USDT stablecoin after Aug. 31, 2026, citing regulatory and risk concerns. The UK-headquartered fintech platform will stop allowing purchases of USDT from July 6 and will reject USDT deposits after July 30. Any unsold holdings will be automatically converted to users' base currency at the prevailing exchange rate.

Revolut sets strict timeline for USDT trading and deposits. Users will lose the ability to buy USDT starting July 6, 2026. Deposits will no longer be supported after July 30, with incoming transfers rejected thereafter, according to a customer notice seen by Cointelegraph.

USDT has faced gradual delisting by European crypto asset service providers since late 2024 after Tether refused to meet MiCA's reserve requirements, which mandate portions of reserves be held with EU credit institutions.

Full delisting takes effect after Aug. 31. Revolut will convert any remaining USDT balances into the user's base currency if they have not sold or withdrawn by then.

POST FROM @Cointelegraph· Tweet referenced as source in the article, containing related video interview on Tether/MiCA

https://x.com/Cointelegraph/status/2072738497216086204

Revolut attributes decision to regulatory and risk considerations. The company has not specified which regulations prompted the move or whether the delisting applies globally or only in certain jurisdictions. Cointelegraph approached Revolut for comment on the affected regions and the scope of its crypto offering but received no response by publication.

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Revolut holds MiCA license issued in late 2025. The firm was granted a Markets in Crypto-Assets license as a crypto asset service provider by Cyprus Securities and Exchange Commission in November 2025, per the European Securities and Markets Authority register. The delisting aligns with broader adjustments by fintech firms to shifting EU regulatory frameworks.

Tether has resisted MiCA compliance since 2024. USDT has faced gradual delisting by European crypto asset service providers since late 2024 after Tether refused to meet MiCA's reserve requirements, which mandate portions of reserves be held with EU credit institutions. Tether CEO Paolo Ardoino criticized the legislation in a Cointelegraph interview last year, calling it "a very not well thought legislation."

At publication, USDT ranks as the third-largest crypto asset by market capitalization with a value of $184 billion. Circle's USDC holds a $73 billion market cap and ranks fifth, according to CoinGecko.

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