Revolut will end USDT support by August 31, with buy, deposit, withdrawal and auto-conversion deadlines as Europe tightens stablecoin oversight.
Senior markets reporter covering crypto and DeFi.
USDT is facing another distribution setback in Europe as Revolut prepares to remove support for the stablecoin. The decision comes as platforms adjust stablecoin offerings around stricter European regulatory standards.
The transition away from non-compliant stablecoins in Europe is accelerating, driven by rigid operational deadlines. Fintech giant Revolut has laid out a strict, date-driven timeline for the complete phased removal of Tether (USDT). Users will only be permitted to buy USDT until July 6, while the window for deposits closes on July 30. The final deadline for users to actively sell or withdraw their remaining USDT balances is set for August 31. Following this cutoff, any remaining USDT balances held on the platform will be automatically converted into fiat currency. This move highlights Europe's tightening stablecoin environment and underscores the rapidly rising structural advantage of regulatory-compliant stablecoins.
This delisting is a direct consequence of the Markets in Crypto-Assets (MiCA) stablecoin compliance context, which mandates strict licensing and reserve requirements for asset-referenced tokens. As exchange delisting trends catch up with regional laws, the USDT vs USDC market share in Europe is experiencing a notable shift. While Tether's global liquidity impact remains massive, its European settlement flows are facing distribution bottlenecks. Compliance-first stablecoins like USDC are capturing the void left behind as major retail gateways like Revolut adjust their product suites to avoid regulatory penalties.
The market should treat Revolut's move as part of a broader European stablecoin sorting process, where distribution could increasingly favor compliant issuers.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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LiveRevolut will end USDT support by August 31, with buy, deposit, withdrawal and auto-conversion deadlines as Europe tightens stablecoin oversight.