Revolut delists USDT in EEA and Switzerland, maintains support elsewhere
In brief
- Revolut delists USDT by August 31, 2026 for EEA and Swiss customers only
- USDT support continues in markets outside EEA and Switzerland
- Tether declined authorization under EU's MiCA framework
- Revolut X trading platform already removed USDT for EEA users
Scope of delisting
Revolut said its USDT delisting will affect customers in the European Economic Area and Switzerland, while USDT support will continue in other markets. The London-based fintech firm expanded crypto services in EEA countries in 2024 and originally launched crypto trading in 2017.
The delisting follows a compliance review. Revolut said the decision followed a review of its crypto services and risk considerations under the EU's Markets in Crypto-Assets Regulation. Revolut had already removed USDT from its Revolut X trading platform for EEA customers, signaling the firm's shift toward MiCA compliance.
Why Tether isn't authorized
Tether, the issuer of the $184 billion stablecoin, chose not to seek authorization under the bloc's MiCA framework. That decision puts pressure on platforms like Revolut to decide whether to continue offering USDT to European users. Switzerland, which Revolut included among the affected markets, is not part of the EU or the EEA and is not directly covered by MiCA. Revolut did not explain why Swiss customers were included in the USDT delisting.
