European fintech giant Revolut has announced plans to delist Tether's USDT stablecoin, citing regulatory and risk considerations as the European Union's Markets in Crypto Assets (MiCA) framework continues to reshape the region's digital asset landscape. The move adds to a growing number of crypto platforms limiting access to USDT in response to the bloc's stricter stablecoin regulations.
Revolut has informed customers that support for USDT will be phased out over the coming weeks as part of changes to its cryptocurrency offering in Europe. According to a customer notice, users will no longer be able to purchase USDT from July 6, 2026, while deposits of the stablecoin will be disabled from July 30, 2026. Any USDT transfers received after that date will be automatically rejected.
The company also confirmed that USDT will be fully delisted on August 31, 2026. Customers have been advised to either sell or withdraw their holdings before the deadline. Any remaining balances after the delisting date will be automatically converted into the customer's base currency using the prevailing market exchange rate. Although Revolut did not reference a specific regulation, the fintech stated that the decision was made due to "regulatory and risk considerations."
The announcement comes shortly after the full implementation of the European Union's Markets in Crypto-Assets (MiCA) regulation, which introduced stricter compliance requirements for stablecoin issuers and crypto-asset service providers operating across the region. As exchanges and fintech companies continue aligning with the new regulatory framework, several platforms have already reduced or removed support for USDT, while giving greater prominence to stablecoins that meet MiCA's authorization requirements.
Revolut's decision highlights the growing impact of Europe's new crypto regulatory framework on the stablecoin market. As MiCA enforcement gathers pace, crypto service providers are increasingly reassessing the digital assets they support to ensure regulatory compliance. The development also underscores how regulatory approval is becoming a key factor determining which stablecoins remain accessible to users within the European market.
