spot_imgspot_img
google-news-img
spot_img

Revolut To Halt USDT Support On August 31: What To Expect

Key Insights:

  • As per the latest stablecoin news, Revolut will end USDT support on August 31, 2026, with a phased removal starting in July.
  • Users can sell or withdraw USDT before the deadline, or it will be converted to fiat.
  • The move follows MiCA rules that are changing stablecoin listings across Europe.

USDT stablecoin news hinges on holders using Revolut having until August 31, 2026, to sell or move their tokens before support ends. The decision comes as the European Union’s MiCA rules continue to change how regulated crypto platforms handle stablecoins across the region.

Stablecoin News: Revolut Gives Users A Clear Deadline

USDT users on Revolut now have a full timetable for when the stablecoin will be removed from the platform. As per the stablecoin news, the company has told customers through emails and app notifications that support for USDT will end on August 31, 2026, at 12:00 PM GMT.

After that time, customers will no longer be able to keep USDT in their Revolut accounts. The changes will happen in stages before the final deadline.

From July 6, customers will no longer be able to buy USDT on the platform. Later, on July 30, Revolut will stop accepting new USDT deposits.

Customers who already own the stablecoin can still sell it on Revolut or send it to an external crypto wallet before August 31. This gives users almost two months to decide what they want to do with their holdings.

Stablecoin News: Revolut to Delist USDT | Source: Wu Blockchain
Stablecoin News: Revolut to Delist USDT | Source: Wu Blockchain

Revolut also explained what will happen if a customer does nothing before the deadline. Per the stablecoin news, any USDT left in an account after August 31 will be changed into fiat currency using the exchange rate available at that time.

The company said it reviews the digital assets listed on its platform from time to time. It added that the stablecoin news decision was based on regulatory and risk factors. For now, there is no sign that the company plans to continue offering USDT after the deadline.

MiCA is Changing Stablecoin Listings

Revolut’s decision is linked to the European Union’s Markets in Crypto-Assets, better known as MiCA. The new law created one set of rules for crypto companies operating across the European Union.

It also introduced new requirements for stablecoin issuers whose tokens are offered by regulated platforms. As per the stablecoin news, Tether’s USDT has not met the conditions needed under MiCA.

Because of that, several regulated crypto companies in Europe have removed the digital asset or announced plans to stop supporting it.

Many platforms have instead turned to stablecoins that fit within the new rules. USDC has become one of the main choices for companies looking to keep offering a dollar-backed stablecoin while following European regulations.

Revolut is the latest company to make changes as MiCA becomes part of daily business across the region. The new rules are already affecting which digital assets customers can buy, sell, and hold on regulated platforms.

What Users Should Do Before The Deadline

As per the stablecoin news, customers still have time to decide what to do before USDT support comes to an end. Anyone who wants to keep holding the token can move it to another wallet before August 31.

Those who no longer want to hold it can sell it through Revolut before the deadline arrives. Waiting until after the cut-off date may not be the best choice.

Revolut has already said that any USDT left in customer accounts will be converted into fiat currency at the market rate available when the process takes place.

The announcement is another example of how regulation is changing the crypto market in Europe. Companies are making changes to meet the new rules, and users are being asked to adjust as well.

For Revolut customers, the most important dates are July 6, July 30, and August 31. According to the stablecoin news, anyone holding USDT should understand what happens on each date and take action before support officially ends.

That will help them avoid unexpected changes to their balances once the deadline passes.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

Our Newsletter

Subscribe to our newsletter to get the latest news and promotions.

Godfrey Benjamin
Godfrey Benjaminhttps://www.thecoinrepublic.com/
Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on Blockchain.news, Cryptonews and Coingape, among others.