Revolut to End USDT Support, Delisting Set for August 31 as EU Rules Shift
AI Market Summary
Revolut will delist USDT for European users on a phased schedule, ending trading and deposits in July and forcing sell/withdrawal by August 31, after which residual balances are auto-converted to fiat. The move underscores tightening EU stablecoin compliance and may shift retail stablecoin flows toward compliant alternatives and off-platform custody. Near term, it can reduce USDT accessibility via major fintech rails and modestly affect crypto on/off-ramp liquidity.
Impact level
● Medium
Affected assets
BTC/USDT+1.30%
AI Insight · BTC/USDTAI Insight
● Neutral
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Revolut will stop supporting the stablecoin USDT and has already begun the delisting process, CoinDesk reported. The change comes as European stablecoin rules continue to evolve and the fintech firm refines the stablecoins available on its platform.
Under Revolut's timetable, users can buy USDT until July 6 and make USDT deposits through July 30. After that, customers will still be able to sell USDT or transfer holdings to an external wallet until August 31.
Any USDT remaining after August 31 will be automatically converted into fiat currency at the prevailing exchange rate, and the balance will no longer be held in USDT form.
The move highlights how retail-focused stablecoin services in Europe are adjusting to shifting regulatory requirements. For exchanges and fintech platforms, stablecoin listing, trading and custody arrangements are increasingly being handled with greater caution.
