Stablecoin News: Revolut To Delist USDT in Europe After MiCA License Fallout

Key Insights:

• Revolut will delist USDT in Europe, citing MiCA-linked regulatory changes affecting crypto services.
• Users can sell or withdraw USDT until August 31, 2026, before Revolut removes support.
• Remaining USDT after the deadline will be converted into the account’s base fiat currency.

Revolut will remove Tether’s USDT from its European crypto offering after the latest MiCA compliance changes. The fintech company has notified users a deadline to sell or withdraw their USDT before August 31, 2026. The move adds fresh pressure on Tether, which has not secured a MiCA license for USDT in the European Union. The stablecoin news also places stablecoin access, exchange policies, and reserve rules at the center of Europe’s crypto market discussion for users this week.

Stablecoin News: Revolut Sets USDT Exit Timeline

Revolut has started informing selected European customers about the planned USDT removal. The notice tells users that they will no longer hold USDT in their Revolut accounts after August 31, 2026, at 12:00 p.m. GMT.

The company will follow a phased schedule before the final deadline. Users can keep buying USDT until July 6, while Revolut will stop accepting new USDT deposits after July 30. Customers can still sell their tokens or move them to supported external crypto wallets until the August deadline.

Revolut also told users to review their balances before the cutoff time. If customers leave USDT in eligible accounts after the deadline, Revolut will sell the holdings at the market price. The platform will then credit the value in the base fiat currency linked to each user’s account.

MiCA Rules Put Pressure on USDT Access in Europe

Revolut’s decision follows the stricter rollout of the European Union’s Markets in Crypto-Assets framework. MiCA sets rules for stablecoin issuers, crypto platforms, reserves, disclosures, and supervision across the bloc.

Tether has not received a MiCA license for USDT. Its chief executive, Paolo Ardoino, previously criticized parts of the rulebook, including reserve requirements. That position has kept USDT outside the approved framework for several regulated European platforms.

The stablecoin news rules have already pushed some crypto firms to limit access to USDT for users inside the region. Revolut now joins that group as it adjusts its stablecoin listings to match the new regulatory setting.

In recent crypto news, Binance reassured affected EU users that their assets remain safe and fully backed as MiCA rules take effect. CEO Richard Teng said withdrawals remain available after July 1, while users receive country-specific guidance.

Revolut Users Get Sell and Withdrawal Options

The delisting does not require affected users to exit USDT immediately. Revolut has provided a staged process that gives customers time to decide whether to sell, withdraw, or wait closer to the deadline.

Users who want to keep exposure to USDT can transfer the token to supported external wallets before August 31. Those who prefer to leave the position inside Revolut can sell it through the app before the cutoff date.

The company’s delisting policy covers any USDT left in eligible accounts after the deadline. Revolut will convert those balances into the user’s base currency. The final value will depend on the USDT market price when the platform activates the delisting process.

Tether Faces Growing Stablecoin Compliance Test

The Revolut decision adds another restriction for USDT in Europe, but it does not change USDT access in every market. Revolut said the move applies to notified users and to jurisdictions where the stablecoin no longer fits the platform’s crypto offering.

Tether remains the largest stablecoin by market role and daily trading volume. However, MiCA has changed how European platforms handle tokens that lack approval under the bloc’s framework.

The stablecoin market now faces a sharper divide between regions with different rules. In Europe, regulated platforms must decide whether to list tokens that meet MiCA requirements or remove assets that remain outside the licensing process.

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