Revolut Axes USDT in Europe Amid Stricter MiCA Rules

Revolut has announced that it will delist USDT in Europe due to regulatory changes related to the Markets in Crypto-Assets (MiCA) framework. The fintech company notified users of a deadline to sell or withdraw their USDT before August 31, 2026.

The decision follows stricter MiCA rules for stablecoin issuers and crypto platforms, which Tether has not secured a license for in the European Union. Revolut will follow a phased schedule, allowing users to buy USDT until July 6, but stop accepting new deposits after July 30.

Users can still sell their tokens or transfer them to supported external wallets before the August deadline. If customers leave USDT in eligible accounts after the cutoff time, Revolut will convert those balances into the user's base fiat currency based on the market price at the time of delisting.