European Fintech Giant Announces Tether (USDT) Delisting

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Europe's major fintech platform Revolut is set to cease support for Tether (USDT) stablecoin on August 31, according to recent reports. Advertisement Wu Blockchain shared this development in an X post accompanied by screenshots verifying the claim. According to Wu Blockchain, Revolut has notified users via app push notifications and emails that it will delist Tether (USDT); however, users will still be able to purchase the stablecoin until July 6. HOT Stories MiCA 2026: Is It Over for Crypto in Europe? XRP's Hopes for $1.5 Are Not Empty: Can Shiba Inu (SHIB) Take Back $0.000005? Solana (SOL) on Verge of Breakthrough: Crypto Market Review Europe's Largest Fintech Revolut to Stop Supporting USDT on August 31 European fintech giant Revolut has notified users via app push notifications and emails that it will delist USDT. Users will still be able to purchase USDT until July 6. Revolut will stop accepting new USDT… pic.twitter.com/ImjlZ18tsF — Wu Blockchain (@WuBlockchain) July 4, 2026 Revolut will stop accepting new Tether (USDT) deposits on July 30, while users can continue to sell USDT or withdraw it to external wallets until August 31. After this date, any remaining USDT balances in user accounts will be converted into fiat currency at the prevailing exchange rate. Advertisement This development follows on the heels of the Markets in Crypto-Assets (MiCA) regulation, which came into full effect on June 30. You Might Also Like Fri, 06/26/2026 - 17:57 'Just a Matter of Time': Bloomberg Predicts Tether Will Flip Bitcoin By Alex Dovbnya Advertisement In light of this, crypto exchanges and platforms are expected to suspend certain token services deemed unauthorized under MiCA. Tether's USDT is restricted in the European Economic Area under the Markets in Crypto-Assets (MiCA) regulatory framework. As it did not apply for the necessary e-money authorizations, major exchanges delisted USDT for European users. New era begins in the EU The European Union's crypto market entered a new era on Wednesday as the MiCA regulation came into full effect, implying that crypto firms serving customers across the region are required to hold a license or stop operating. You Might Also Like Sat, 07/04/2026 - 08:04 MiCA 2026: Is It Over for Crypto in Europe? By Dan Burgin Exchanges are required to follow the MiCA rules, which require stablecoin issuers and staking service providers to have the necessary authorization to be accessed by European users; these rules impact all 30 countries in the European Economic Area. The EU's financial rule-setter, the European Securities and Markets Authority (ESMA), has already issued an ultimatum to unauthorized crypto-asset service providers to wind down their operations in an orderly manner while securing clients' interests as the MiCA transitional period ends. #Tether News #Tether