Revolut to keep USDT support outside Europe
Revolut said its planned delisting of Tether’s USDT will apply only to customers in the European Economic Area and Switzerland, not to users worldwide. The move reflects the growing pressure on crypto platforms in Europe as the region’s MiCA rules reshape which stablecoins can remain available.
Highlights
- Revolut’s USDT delisting is limited to the EEA and Switzerland.
- USDT support will continue in other markets.
- The move follows a MiCA-related review.
- Revolut plans to remove USDT by Aug. 31, 2026.
The digital banking platform said support for USDT will continue in other markets, while customers in the EEA and Switzerland will lose access as part of a review of its crypto offering under the European Union’s Markets in Crypto-Assets Regulation. European users received a notice from Revolut that USDT will be delisted by Aug. 31, 2026, Cointelegraph reports.
Revolut narrows the scope
Revolut said the decision followed a periodic review of its cryptocurrency services and risk exposure under the changing EU regulatory framework. The company had already removed USDT from Revolut X for EEA customers, and the latest step completes the stablecoin’s removal from its EEA retail crypto offering.
The clarification matters because the original notice raised questions over whether the delisting would apply globally. Revolut now says the change is limited to the EEA and Switzerland, while USDT support remains unchanged elsewhere.
The company did not provide a full list of countries where it currently offers crypto services. It also did not explain why Switzerland is included, since the country is not part of the EU or the EEA and is not directly covered by MiCA.
MiCA pressure spreads through stablecoins
The decision fits a broader shift across Europe. Crypto platforms have been reassessing USDT after Tether, issuer of the $184 billion stablecoin, chose not to seek authorization under MiCA.
MiCA is marked as having EEA relevance, meaning it is expected to extend beyond EU member states to Norway, Iceland, and Liechtenstein. That makes stablecoin compliance a regional issue rather than a narrow EU-only matter.
For platforms such as Revolut, the risk is not only whether a token is popular with users. It is whether the asset can stay on offer without creating regulatory exposure.
Stablecoin access becomes regional
Revolut’s move shows how stablecoin availability is becoming fragmented by jurisdiction. USDT may remain widely used globally, but in Europe the rules are pushing platforms toward tokens that fit MiCA’s authorization framework.
For users, the practical effect is simple: access to the same stablecoin may now depend on where an account is based. For crypto platforms, the harder task is keeping product lineups consistent while regulators in major markets move at different speeds.
Earlier, we reported that Revolut opened a bank in the UK after regulator approval.
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