Revolut will stop supporting Tether’s USDT stablecoin for customers in the European Economic Area (EEA) and Switzerland, marking another major move by a crypto platform responding to the European Union’s Markets in Crypto-Assets (MiCA) regulation.
The digital banking platform confirmed that the decision only affects users in the EEA and Switzerland. Customers in other regions will continue to have access to USDT, the company said.
加密友好型银行 Revolut 针对近日引发关注的 USDT 下架事件作出澄清。Revolut 发言人向媒体表示，此次调整仅限于欧洲经济区（EEA）及瑞士市场的客户，全球其他地区的 USDT 支持保持不变。Revolut…
— 吴说区块链 (@wublockchain12) July 9, 2026
According to Revolut, the move followed a review of its crypto services and the changing regulatory requirements under MiCA. The company said it is ending support for USDT in the affected markets after assessing its cryptocurrency offering under the new EU framework.
Why is Revolut removing USDT in Europe?
Revolut said the delisting is tied to MiCA, the European Union’s crypto regulation that has introduced new rules for stablecoin issuers and crypto service providers.
Tether, the issuer of the world’s largest stablecoin, has not sought authorization under MiCA. As a result, several crypto exchanges and platforms operating in Europe have been removing USDT from their services to align with the new regulatory requirements.
Revolut first notified affected customers that USDT would be removed from its platform by August 31, 2026. The company also confirmed that it had already stopped offering USDT on its Revolut X trading platform for customers in the EEA, with the latest action completing its retail delisting process across the region.
Also Read: HTX Introduces USDT Deposits for USDD Flexible Earn, Offering 12% APY
Which users are affected?
The delisting applies to customers in the European Economic Area, which includes all EU member states along with Norway, Iceland and Liechtenstein. Revolut also included Switzerland in the affected markets, although the country is not part of either the EU or the EEA and is not directly covered by MiCA.
The company did not explain why Swiss customers were included in the decision. Revolut also did not provide a full list of countries where it currently offers crypto services.
MiCA continues to reshape Europe’s crypto market
Revolut’s decision reflects a wider trend across Europe’s crypto industry, where exchanges and digital asset platforms have been reducing support for USDT as MiCA takes effect.
Meanwhile, Ripple secured final authorization of its CASP license from Luxembourg’s CSSF, completing its MiCA requirements and enabling fully regulated crypto-asset services across all 30 EEA states. Additionally, The European Securities and Markets Authority (ESMA) expanded its register of crypto companies operating under the MiCA regulation, adding 37 newly authorized CASPs after the bloc’s transitional period ended.
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