Guavy AI Editorial TeamSentiment: -2Clout: 45

Revolut Axes USDT for Eligible EU Users Amid Evolving Crypto Regulations

Revolut has announced that it will be removing $USDT for eligible European users by August 31st. This decision is in line with the evolving regulatory landscape in Europe, particularly as a result of MiCA regulations.

The move to remove USDT isn't a reflection on Tether's stability or performance; rather, it highlights how regulated cryptocurrency is shaping up in Europe.