European fintech giant Revolut will delist Tether (USDT) for its European users due to the EU’s Markets in Crypto-Assets (MiCA) regulation, which Tether has not yet complied with. Users may purchase USDT until July 6, 2026, and sell or withdraw holdings until August 31, 2026, after which remaining tokens will be converted to fiat. The move signals growing regulatory risk for non-compliant stablecoins and opens opportunities for MiCA-compliant alternatives to expand their European market share.
In-Depth:
Revolut to Delist USDT in Europe Ahead of MiCA Regulation
European financial technology giant Revolut has announced it will delist Tether (USDT) for its applyrs, citing upcoming regulatory alters.
The decision is a direct response to the EU’s Markets in Crypto-Assets (MiCA) regulation, which imposes strict compliance standards on stablecoin issuers that Tether has not yet met.
This relocate has significant investment implications, signalling major regulatory risk for non-compliant stablecoins within the European Union.
It places pressure on Tether to achieve compliance or face exclusion from a key economic bloc, while also creating an opportunity for fully regulated, MiCA-compliant stablecoins to gain market share.
Users can purchase USDT until July 6, 2026, and sell or withdraw it until August 31, 2026.
Any remaining tokens will be converted to fiat. Tether has not yet met crypto regulatory requirements, prompting Revolut to act ahead of enforcement deadlines. The fintech giant is phasing out the token to avoid penalties and maintain regulatory compliance. HYPEUSD Jumps by 4%, Tops $71 on Buyback Momentum
