Revolut, a crypto-friendly digital banking platform headquartered in the UK, notified some customers it would delist Tether USDt (USDT) stablecoin in August, citing regulatory and danger issues.
In a Friday buyer discover seen by Cointelegraph, Revolut mentioned customers will not be capable to purchase USDT beginning July 6, with full delisting scheduled for Aug. 31, 2026.
If customers don’t promote or withdraw their USDT by the tip of August, Revolut will mechanically convert any remaining USDT holdings into customers’ base foreign money on the day’s trade charge, the corporate mentioned.
USDT deposits will not be supported after July 30, 2026, after which any incoming USDT transfers might be rejected, it mentioned.
The transfer highlights how main fintech firms are adjusting stablecoin entry in response to shifting regulatory frameworks. Exchanges reminiscent of Coinbase started delisting USDT in Europe in 2024 to align with the EU’s Markets in Crypto-Property (MiCA) necessities.
Revolut doesn’t cite precise framework for delisting
Revolut has not clarified whether or not the USDT delisting will apply globally or solely in particular jurisdictions.
Addressing the explanations for delisting USDT, Revolut cited “regulatory and danger concerns” with out increasing what rules particularly have triggered the transfer.
Supply: Cointelegraph
The corporate was granted a MiCA license as a crypto asset service supplier (CASP) in November 2025, based on the official register by the European Securities and Markets Authority (ESMA). The license was issued by the Cyprus Securities and Change Fee (CySEC).
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Cointelegraph approached Revolut for touch upon the affected jurisdictions and the scope of its crypto providing however didn’t obtain a response by the point of publication.
Tether refused to adjust to MiCA
Tether’s USDT has been regularly delisted by CASPs in Europe since late 2024 because the stablecoin’s issuer refused to adjust to the EU’s MiCA regulation.
The corporate’s CEO, Paolo Ardoino, has repeatedly criticized perceived flaws in MiCA, together with reserve necessities that apply to sure stablecoin issuers and require a part of their reserves to be held with EU credit score establishments.
Supply: Cointelegraph
“I believe it’s a really not effectively thought laws,” Ardoino instructed Cointelegraph in a Could 2025 interview.
On the time of publication, USDT is the third-largest crypto asset by market capitalization after Bitcoin and Ether, with a market worth of $184 billion. Its largest competitor, Circle’s USDC, has a $73 billion market cap and ranks because the fifth-largest crypto asset, based on CoinGecko.
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