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Revolut will delist Tether’s USDT for affected users by August 31, adding another European platform to the wave of USDT restrictions under tougher regulation.
The fintech said the decision followed regulatory and risk considerations. Users have been given a staged timeline to sell, withdraw or transfer their holdings before support ends.
USDT Purchases Stop on July 6
Revolut will stop users from buying USDT from July 6. Existing holders will still be able to sell the token or move it to a supported external wallet during the transition period.
The next cutoff comes on July 30, when Revolut will stop accepting new USDT deposits. Any incoming USDT transfers after that date will be rejected. The final delisting is set for August 31.
After that deadline, any USDT left in affected accounts will be converted into the user’s base currency at the available exchange rate.
Users Have Until Aug. 31 to Exit
The phased process gives holders almost two months to decide whether to sell inside Revolut or move funds elsewhere. That window matters because automatic conversion removes control over timing.
Users who want to avoid the end-date conversion need to act before August 31. Revolut has not said user balances are at risk. The change affects platform support for USDT, not the stablecoin’s existence outside Revolut.
MiCA Forces Stablecoin Listing Reviews
The delisting comes as the EU’s Markets in Crypto-Assets framework changes how platforms handle stablecoins in the European Economic Area. Under MiCA, stablecoin issuers need the right authorization to offer asset-referenced tokens or e-money tokens in the bloc.
Crypto-asset service providers also have to review which tokens they can keep listing for EU users.
Revolut Digital Assets Europe Ltd is licensed by Cyprus’s securities regulator as a crypto-asset service provider under MiCA. That makes its token list part of the compliance work now facing European crypto platforms.
USDT Faces EU Platform Restrictions
USDT has already faced EU-facing restrictions as platforms review stablecoins under MiCA’s issuer rules. The Revolut decision adds pressure on USDT’s European distribution at a time when regulated stablecoins have a cleaner route into exchanges, payment apps and trading venues.
For affected users, the immediate timeline is clear. USDT buying ends first, deposits close next and remaining balances leave the app after August 31 through sale, withdrawal, transfer or automatic conversion.
The delisting will push affected users toward selling, withdrawing or switching to stablecoins that platforms are more comfortable listing under MiCA.
