Revolut, a digital banking platform based in the United Kingdom, has informed its users of the upcoming delisting of the Tether USDt (USDT) stablecoin. This decision, driven by regulatory and risk concerns, will take effect in August 2026.
Delisting Timeline and User Impact
According to a notice sent to customers, Revolut will cease allowing purchases of USDT starting July 6, 2026, with the complete delisting scheduled for August 31, 2026. Users who do not sell or withdraw their USDT holdings by this deadline will see their assets automatically converted into their base currency at the prevailing exchange rate. Furthermore, USDT deposits will be unsupported after July 30, 2026, leading to the rejection of any incoming USDT transfers.
Regulatory Landscape and Strategic Adjustments
This move reflects a broader trend among fintech companies as they adapt to evolving regulatory frameworks concerning stablecoins. For instance, exchanges like Coinbase began delisting USDT in Europe in 2024 to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations.
Unspecified Regulatory Triggers
While Revolut cited “regulatory and risk considerations” as reasons for the delisting, it did not specify which regulations influenced this decision. The company received a MiCA license as a crypto asset service provider (CASP) in November 2025, issued by the Cyprus Securities and Exchange Commission (CySEC).
Tether’s Compliance Challenges
The delisting of USDT is part of a larger pattern, as Tether has faced increasing scrutiny and delistings from various CASPs in Europe since late 2024. Tether’s CEO, Paolo Ardoino, has publicly criticized aspects of the MiCA regulations, particularly the reserve requirements imposed on stablecoin issuers.
As of now, USDT remains the third-largest cryptocurrency by market capitalization, valued at approximately $184 billion, trailing only Bitcoin and Ether. In contrast, its main competitor, Circle’s USDC, holds a market cap of $73 billion, ranking fifth among crypto assets.
This article was produced by NeonPulse.today using human and AI-assisted editorial processes, based on publicly available information. Content may be edited for clarity and style.
