Europe’s Fintech Giant Revolut to Delist Tether’s USDT After MiCA Compliance Push

European fintech leader Revolut is delisting Tether’s USDT for customers in the European Economic Area (EEA), becoming the latest major financial platform to align its crypto offerings with the European Union’s Markets in Crypto-Assets (MiCA) regulation.

The move comes just days after MiCA’s transition period ended on July 1, 2026, requiring crypto service providers operating in the EU to comply with the bloc’s comprehensive digital asset framework. Under the new rules, regulated platforms can no longer offer stablecoins that have not received the required authorization from European regulators.

Revolut Begins Phased USDT Delisting

According to notifications sent to affected users, Revolut will gradually remove support for USDT over the coming weeks. Customers can continue purchasing USDT until July 6, while new deposits will no longer be accepted after July 30. Existing holders will retain the ability to sell or withdraw their USDT to external wallets until August 31.

After the final deadline, any remaining USDT balances held on the platform will be automatically converted into the customer’s default fiat currency at the prevailing market exchange rate.

MiCA Tightens Stablecoin Requirements

MiCA introduces one of the world’s most comprehensive regulatory frameworks for crypto assets, imposing strict requirements on stablecoin issuers. These include regulatory authorization, reserve transparency, redemption rights, liquidity safeguards, and ongoing supervision.

Tether, the issuer of USDT, has not obtained MiCA authorization for the European Union. As a result, regulated crypto service providers are increasingly removing USDT from their product offerings to remain compliant with the new rules.

Recently, Tether led a $14 million investment in Argentine crypto platform Belo to expand USDT-based financial services across Latin America and boost stablecoin adoption.

Revolut Joins Growing List of Platforms

Revolut is not the first major platform to phase out USDT in Europe. Several regulated exchanges, including Coinbase, Kraken, Crypto.com, Bitstamp, and other MiCA-licensed platforms, have already restricted or delisted the stablecoin ahead of MiCA’s full implementation.

The coordinated shift reflects a broader industry transition as crypto firms adapt their product offerings to satisfy Europe’s new regulatory standards.

European Stablecoin Market Shifts

As non-compliant stablecoins lose access to regulated platforms, market participants are increasingly expected to migrate toward authorized alternatives such as USDC and EURC that meet the EU’s licensing requirements.

Industry analysts believe the regulatory transition could accelerate institutional adoption by providing greater legal clarity while encouraging competition among stablecoin issuers seeking approval within the European market.

Revolut Highlights MiCA-Compliant Crypto Services

The delisting follows Revolut’s expansion of its regulated crypto business across Europe after securing a MiCA license. The authorization enables the fintech company to provide crypto services throughout the European Economic Area under a single regulatory framework, while requiring compliance with MiCA’s rules governing supported digital assets.

Following the announcement, Revolut highlighted its MiCA-compliant crypto offerings, including its main crypto platform and Revolut X, which provides more than 400 trading pairs, advanced order types, and low trading fees for eligible European users.

Recently, Founded by former Revolut crypto executives, Extended is a self-custodial perpetual trading platform that initially operated on StarkWare’s StarkEx before migrating to Starknet to expand its on-chain trading capabilities.